Facebook Acquires the Computer Vision Startup Scape Technologies
TechCrunch discovered a regulatory filing that shows that Facebook has acquired the London-based computer vision startup Scape Technologies. The startup uses computer vision to determine location accuracy beyond the capabilities of the global positioning system (GPS).
It uses a cloud-based “Visual Positioning System” which translates images into 3D maps that provide very precise outdoor location over whole cities. It can come in handy when someone wants to know the exact location of store in a particular street block, for example.
The technical principle behind it has already been used by Google in developing a Visual Positioning System that is already being used for Augmented Reality navigation in Google Maps.
See the full story here; https://virtualrealitytimes.com/2020/02/09/facebook-acquires-the-computer-vision-startup-scape-technologies/