Google acquires AI developer
Google has acquired a leading developer of artificial intelligence for a reported $400 million.
News broke over the weekend that the world’s largest search engine had acquired London-based DeepMind. Google latest confirmed that it had purchased the company, but refused to comment on specifics of the deal.
According to DeepMind’s website, the company specialises in combining “the best techniques from machine learning and systems neuroscience to build powerful general-purpose learning algorithms”.
It says that it has developed simulations, ecommerce tools and games.
The deal was first reported by Recode. Google later confirmed the deal to several news outlets but refused to go into more detail.
Google’s chief executive Larry Page spearheaded the deal personally, according to Recode.
The company’s acquisition of DeepMind isn’t it first foray into artificial intelligence.
Last year, the company announced that it had opened a new AI lab. That lab uses a quantum computer to advance machine learning, according to Google.
The lab is hosted by NASA’s Ames Research Center.
One of the projects to emerged from the lab was a neural network for machine learning. That project combined the computer’s 16,000 processors and unleashed it on to the internet.