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Google bought Deepmind for $ 500 million

Google buys a London-based company that develops artificial intelligence - DeepMind. Sources call the amount of the transaction in more than 500 million dollars. Purchase officially confirmed by representatives on Google.

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What will Google give this acquisition? Firstly, it will allow it to compete with other major technology companies, thanks to a focus on in-depth training. For example, Facebook recently hired Professor Yann LeCann, who will lead her own development of artificial intelligence. IBM's Watson supercomputer is currently focused specifically on in-depth training, and Yahoo recently acquired a startup to analyze LookFlow photos, which means it is also moving forward on this issue.

DeepMind was founded by the neuroscientist Demis Hassabis, a former chess wunderkind, the developer of Skype and Kazaa, Jaan Tallin, and researcher Shane Legg.
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This step by Google will allow the tech-giant team to fill its own field of experts in the field of artificial intelligence, and, according to sources, the acquisition was personally overseen by Google CEO Larry Page. If all three of the founders work for Google, they will join the inventor, entrepreneur, author and futurologist Ray Kurzweil, who in 2012 became the technical director of Google’s machine learning and language processing division.

Kurzweil declared that he wanted to build a search engine so perfect that it could become a real "cybernetic friend."

After acquiring Nest earlier this month, critics expressed concern about how much user data will be sent to Google. The purchase of Boston Dynamics last month also led to a debate on the fact that Google plans to become a manufacturer of robots.

Nevertheless, Google is well prepared to dispel our fears about their latest acquisitions. Sources say that Google has decided to establish an ethics board that will monitor the development of artificial intelligence within DeepMind.

However, the company will have to clarify what exactly does the artificial intelligence DeepMind. The company's website currently has a landing page with a relatively vague description, which says that DeepMind is “a company that is at the forefront” and is building the future of algorithms for simulations, e-commerce, and games. As of December, there are 75 employees in the startup.

The main sponsors of the startup are the Founders Fund and Horizons Ventures. DeepMind was founded three years ago.

In 2012, a professor at the Carnegie Mellon Institute, Larry Wasserman, wrote that “a startup is going to create a system that thinks. I decided that it was pure madness until I found out how many famous billionaires had invested in the company. ”

Source: https://habr.com/ru/post/210594/


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