Google Buys Artificial Intelligence Company DeepMind
Google is serious about its Moonshot projects. After making several large investments in the past several months in its new robotics wing, the company is now planning to pay $400 million for a secretive artificial intelligence company named DeepMind. DeepMind is a company that’s based in London, was founded by neuro-scientist Demis Hassabis, along with Shane Legg and Mustafa Suleyman, about three years ago. Sources reveal that Larry Page, Google’s CEO, was quite involved in the deal. The acquisition was confirmed by the company. Though we have likely never heard of DeepMind, people in the artificial intelligence community have nothing but good things to say about the company, considering it to be one of the last large independent firms with a focus on the subject. Last year, Google bought Boston Dynamics, a company that builds robots that can walk and run, as well as Schaft Inc, a Japanese player in the same area. Furthermore, it also bought other companies, such as Redwood Robotics, Meka Robotics, Holomni Robotics and Bot & Dolly, all working in the same industry.