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DeepMind Technologies Limited, [1] trading as Google DeepMind or simply DeepMind, is a British-American artificial intelligence research laboratory which serves as a subsidiary of Alphabet Inc. Founded in the UK in 2010, it was acquired by Google in 2014 [8] and merged with Google AI's Google Brain division to become Google DeepMind in April 2023.
DeepMind's early investors included several high-profile tech entrepreneurs. [ 53 ] [ 54 ] In 2014, Google purchased DeepMind for £400 million. Although most of the company has remained an independent entity based in London, [ 55 ] DeepMind Health has since been directly incorporated into Google Health .
DeepMind's first commercial applications were used in simulations, e-commerce and games. As of December 2013, it was reported that DeepMind had roughly 75 employees. [22] Technology news website Recode reported that the company was purchased for $400 million though it was not disclosed where the information came from. A Google spokesman would ...
DeepMind is a London-based tech company now owned by Google that aims to "solve intelligence" and use it to "make the world a better place." Hassabis founded DeepMind alongside his childhood ...
In 2014 DeepMind was acquired by Google for a reported £400 million, the company's largest acquisition in Europe at that time. [16] Following the acquisition, Suleyman became head of applied AI at DeepMind, taking on responsibility for integrating the company's technology across a wide range of Google products.
Anthropic incorporated itself as a Delaware public-benefit corporation (PBC), which requires the company to maintain a balance between private and public interests. [ 35 ] Anthropic has a corporate "Long-Term Benefit Trust", a company-derived entity that requires the company's directors to align the company's priorities with the public benefit ...
Google acquired DeepMind in 2014, but Hassabis remained CEO of the separate unit and he continues to lead the merged Google DeepMind research division. ... In Other News. Entertainment.
Mark Zuckerberg gave props to DeepMind CEO Demis Hassabis for using Meta to get a better deal from Google, which bought the AI lab for $500M+.