Google Invests In Artificial Intelligence With DeepMind Acquisition
In what looks to be one of the largest deals (valued at $400 Million to $500 Million) for a relatively unknown company, Google is increasing their stake in artificial intelligence and big data.
It’s not clear just what DeepMind Technologies actually does or produces, nor how their team of 75 employees will merge into Google’s operation.
However, it does appear that this technology will allow computer systems to learn about people’s habits, and to operate more like the average human than robot.
This stealth startup had just a single page website:
DeepMind is a cutting edge artificial intelligence company. We combine the best techniques from machine learning and systems neuroscience to build powerful general-purpose learning algorithms.
Founded by Demis Hassabis, Shane Legg and Mustafa Suleyman, the company is based in London and supported by some of the most iconic technology entrepreneurs and investors of the past decade.
Our first commercial applications are in simulations, e-commerce and games.
We are always interested to hear from exceptionally talented machine learning researchers and software engineers. If you want to be part of a world-class team working on ground-breaking technology in an inspiring and collaborative environment then please get in touch.
This is Google’s fourth acquisition for 2014, following closely on the $3.2 Billion purchase of Nest. The other two companies now part of Google are ” Bitspin ” (Android Apps) and ” Impermium ” (Internet Security).
From the Bitspin website:
Based in Zurich, the center of technology in Switzerland, we founded Bitspin. The mission of our company is to create new apps and services with a focus on user experience and design. Our extensive knowledge of the web and mobile platforms allows us to combine simplicity with design, creating experiences so delightful they seem like magic.
From the Impermium website:
When we founded Impermium three years ago, our mission was to help rid the web of spam, fraud, and abuse. As sites gain in popularity, criminals and miscreants are never far behind, and Impermium has worked hard to defend some of the largest and fastest-growing sites.
(Image Credit – DeepMind Technologies )
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