Emike Nasamu

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Google buys UK artificial intelligence start-up DeepMind

<b>Google has bought UK start-up DeepMind for a reported £400m, making the artificial intelligence firm its largest European acquisition so far.</b><p>DeepMind was founded by 37-year-old neuroscientist and former teenage chess prodigy Demis Hassabis, along with Shane Legg and Mustafa Suleyman.<p>The artificial …

Artificial Intelligence

Google Acquires Artificial Intelligence Startup DeepMind For More Than $500M

Google will buy London-based artificial intelligence company DeepMind. The Information reports that the acquisition price was more than $500 million, and that Facebook was also in talks to buy the startup late last year. DeepMind confirmed the acquisition to us, but couldn’t disclose deal terms.<p>The …

James Rossington

Google reportedly buying artificial intelligence startup for $400 million

According to reports (and confirmed by the internet company itself), Google has bought Deepmind: a relatively small AI company from London. <i>Re/code</i> broke the news, stating that Google had sunk $400 million into the purchase -- a figure that the company hasn't yet confirmed. The startup's placeholder …