Facebook has acquired Chai Labs, numerous sources stated. There is no price substantiate for the purchase of the content-focused start-up, but it is probable to be under $10 million and more alert on obtaining flair. While the company bills itself as a one-stop shop for modify and initiation search-friendly Web sites, it appears that Chai Labs is a bit more focused on release new editorial properties, due to a callout at journalists on the company's solutions page.

The company's core platform content of two dissimilar legs. The first is prearranged content extraction, which the company gathers from stores of unstructured or loosely organized data sources and alters into more manageable, accessible repositories of Data. These eventually serve as the brains for a given site's core mission.

Second, Chai Labs, "uses proprietary packed, artificial intelligence and data removal technologies to analyze and remove insights from millions of real-time data points across the web," or semantic search. This Data best helps companies create key acquire choice by reduce the need to sift through complex—and seemingly unending, sources of information across the Web.