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Google to buy U.K. AI company for $400M

  • Google (GOOG) has agreed to acquire British artificial-intelligence company DeepMind Technologies, which uses general-purpose learning algorithms for applications that include simulations, e-commerce and games.
  • Terms of the deal weren't disclosed, although the Web site Re/code said Google is paying $400M.
  • Re/code reckons the deal is in large part about buying talent: DeepMind was founded by former child chess prodigy and neuroscientist Demis Hassabis, who has been described as "probably the best games player in history."
  • The purchase is Google's fourth this month, with the most notable a $3.2B agreement to buy Nest Labs.
Comments (1)
  • Yesterdays_news
    , contributor
    Comments (1127) | Send Message
     
    Why did Google buy DeepMind? Sounds more like a nerdy Think tank than a company that is producing and advancing AI.
    Google loves ex-Apple employees and Apple related companies. A much better buy would have been Anki. They are on the cutting edge of AI and currently producing stuff. Much of it would help their robot car development.
    http://read.bi/L3d5F4

     

    They basically left them for Apple.
    27 Jan, 02:01 PM Reply Like
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