Google buys artificial intelligence firm DeepMind

This picture taken on May 13, 2013 in the French western city of Rennes shows a woman choosing Google Search (or Google Web Sear
This picture taken on May 13, 2013 in the French western city of Rennes shows a woman choosing Google Search (or Google Web Search) web search engine front page on her tablet

Google said on Monday that it had agreed to buy British artificial intelligence start-up company DeepMind for an undisclosed amount.

"I can confirm that the acquisition has indeed gone ahead but unfortunately we are not commenting beyond that for now," a Google spokeswoman told AFP.

Reports put the deal at between $400 million and $500 million (292-365 million euros).

On its one-page website, DeepMind describes itself as "a cutting edge artificial intelligence company" which combines "the best techniques from and systems neuroscience to build powerful general-purpose learning algorithms".

Artificial intelligence can help computers "think" in ways similar to the way humans think and help solve problems.

Last year, Facebook unveiled a partnership with New York University for a new centre for , aimed at harnessing the social network's massive trove of data.


Explore further

Facebook joins NYU in artificial intelligence lab (Update)

© 2014 AFP

Citation: Google buys artificial intelligence firm DeepMind (2014, January 27) retrieved 16 December 2019 from https://phys.org/news/2014-01-google-artificial-intelligence-firm-deepmind.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
0 shares

Feedback to editors

User comments