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Microsoft Open Sources AI Toolkit

Microsoft has released an updated version of its Microsoft Cognitive Toolkit as an open source Beta. The deep learning system is used to speed advances in areas such as speech and image recognition and search relevance on CPUs and Nvidia GPUs. It also works with Microsoft’s Azure GPU offering. The toolkit’s developers initially were looking for a tool to speed up and improve their own research.

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Wall Street

Stock Price Rises as Twitter Slashes Jobs, Uproots Vine

Twitter shares were up Friday following a third-quarter earnings report that beat Wall Street estimates despite declining revenue growth. Twitter also announced a widely expected round of job cuts and the unexpected shutdown of Vine. Twitter has been on financial oxygen in recent weeks, after failing to find a buyer. Investors applauded the news that it will slash 9 percent of its workforce.

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