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VC Circle reports that Walmart Labs has acqui-hired Bengaluru-based data annotation startup Dataturks.

Just to unpack that statement a bit…

When a company acqui-hires another one, the story notes, that’s when “a company is acquired for the skills of its workforce rather than its products or services.”

The Dataturks team apparently has an expertise in enabling “teams to annotate text and image data using machine learning.,” and they now will join Walmart Labs’ merchant technology team.

Bengaluru is the official name for Bangalore, which is the capital city of the Indian state of Karnataka.

You probably knew what an “acqui-hire” is, and that Bengaluru is the same as Bangalore. But I didn’t, and figured I shouldn’t assume anything.
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