Google acquires artificial intelligence company DeepMind

January 27, 2014

Google has acquired DeepMind Technologies, an artificial intelligence company in London, reportedly for US$400 million.A Google representative confirmed the deal Sunday via email, but said the company’s isn’t providing any additional information at this time.News website Re/code said in a report on Sunday that Google was paying $400 million for the company, founded by games prodigy and neuroscientist Demis Hassabis, Shane Legg and Mustafa Suleyman.The company claims on its website that it combines “the best techniques from machine learning and systems neuroscience to build powerful general-purpose learning algorithms.” It said its first commercial applications are in simulations, e-commerce and games.To read this article in full or to leave a comment, please click here

Link: http://www.pcworld.com/article/2091500/google-acquires-artificial-intelligence-company-deepmind.html#tk.rss_all