noii incorporates artificial intelligence into dating platform

20 September 2023 10:28

Zurich CCGreater ZurichSwiss AMCHAM SoCal

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Zurich/Los Angeles - Dating platform noii, located in the Greater Zurich Area, has acquired the Los Angeles-based Matter Group. This means it now has access to expertise in the use of artificial intelligence (AI) for dating platforms. noii intends to integrate AI into its own platform in the future.

Zurich company noii land AG has acquired the Los Angeles-based Matter Group, according to a press release. Both companies specialize in digital dating platforms. While noii offers video-based dating, Matter focuses on voice conversations, using its own AI-based recommendation engine to help the best-matched users find each other.

By acquiring Matter, noii aims to leverage the company’s expertise in AI-based recommendation engines to improve its own matchmaking algorithms. The American company owes its development expertise predominantly to co-founder and CTO Battushig Myanganbayar, who was previously a machine learning engineer at Apple.

noii was founded in 2022 and is currently headed by co-founder Laura Matter, whose surname coincidentally matches the acquired company’s name. The Zurich-based company says it has already secured half a million Swiss francs in a funding round, and has 15,000 users in Zurich. ce/ssp

 

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