Jump to content

Google to Buy Artificial Intelligence Startup DeepMind for $400M


Turk

Recommended Posts

By Liz Gannes January 26, 2014, 4:25 PM PST

dxmxrb.png

Google is shelling out $400 million to buy a secretive artificial intelligence company called DeepMind.

After Re/code inquired about the deal, Google confirmed that it was happening but declined to specify the price.

Based in London, DeepMind was founded by games prodigy and neuroscientist Demis Hassabis, Shane Leg and Mustafa Suleyman.

This is in large part an artificial intelligence talent acquisition, and Google CEO Larry Page led the deal himself, sources said. According to online bios, Hassabis in particular is quite the brain, a child prodigy in chess who was later called probably the best games player in history by the Mind Sports Olympiad.

DeepMind has just a landing page for a website, on which says it builds learning algorithms for simulations, e-commerce and games. Profiles on LinkedIn indicate the company is about three years old.

Sources said Founders Fund is a major investor in DeepMind, along with Horizons Ventures. Skype and Kazaa developer Jaan Tallin was an investor and advisor (not a founder, as we initially described him).

Other Google AI experts include Jeff Dean and Anna Patterson, and the company also recently hired Geoffrey Hinton part-time.

http://recode.net/2014/01/26/exclusive-google-to-buy-artificial-intelligence-startup-deepmind-for-400m

Link to comment
Share on other sites


  • Replies 4
  • Views 1.7k
  • Created
  • Last Reply

Top Posters In This Topic

  • Turk

    3

  • visualbuffs

    1

  • nIGHT

    1

Top Posters In This Topic

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...