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Google Buys Artificial Intelligence Company DeepMind for a Reported $400 million

All of Google’s products are about to get smarter. The company is in the final stages of acquiring artificial intelligence company DeepMind, a London-based business founded by child chess prodigy and neuroscientist Demis Hassabis, for $400 million.

The buy is described by Recode sources as a “talent acquisition,” and the company’s workforce is apparently impressive enough that Google CEO Larry Page led the deal himself. Prior to its purchase, DeepMind was aggressively recruiting top-tier AI researchers, and had secured more than $50 million in funding. 

As part of the deal, Google has agreed to establish an ethics board to ensure DeepMind’s technologies aren’t abused. That’s a consolation the company may have had to make in order to beat Facebook, which began considering an acquisition of DeepMind last year.

Though Google confirmed the deal, the company failed to specify what it hoped to accomplish with DeepMind’s staff and technology. A cursory glance at DeepMind’s website, though, reveals that it was developing AI applications for e-commerce and games. Those areas, along with current and future moonshots, are bound to see improvements.

Via: Recode | The Information
  • TC Infantino

    This is exciting. If you have ever read Ray Kurzweil’s “The Law of Accelerating Returns”, you can imagine the possibilities. And I just found out that Ray Kurzweil is a director of engineering at Google. Very cool.

  • Mark
  • AndTheWorldMayNeverKnow

    Makes me wish I would have bought stock in Google when it wasn’t so high. All these acquisitions and agreements they are making are going to be good for business

  • Barlog

    Arms race, space race, now A. I. Race

  • Menger40

    Boston Dynamics robots + DeepMind AI = the end

    • michael arazan

      Boston Dynamics biggest backer is Darpa (DoD), I haven’t heard or read anything that Deepmind has any funding from our military, yet.

  • joejoe5709

    As with the rest of you, we will remember this article on Judgement Day. Google has their hands in advanced robotics, weather balloons for global internet access, Nest home automation, vehicle automation, etc in addition to knowing all your data and knowing where you are at all times. Plug in some artificial intelligence and watch the world either accelerate or burn to the ground. Of course I’m half joking, but this is getting kinda seriously scary!! 🙂

  • George Fayad

    I find it funny hearing this after Terminator was on FX yesterday.

  • litobirdy

    um what? skynet?

  • flosserelli

    Now Google will know what kind of porn I am looking for before I do.

    • T4rd

      It’s the Minority Pronz Report.

  • John Legere

    Skynet. Come with me if you want to live.

    • Wolfpack93

      I’m finding it harder not to buy into the conspiracy theories. Hopefully I have an opportunity to take the red pill before the cyborgs take over.

    • darensdorff

      This was my first thought as soon as I read “Google” and “AI”! LoL

      They’re paving the way for it…it’s only a matter of time!

    • elemeno

      It’s OK. They have an ethics board…

      • Mike Hilal

        That way their new phones wont become self aware and turn on their owners

      • michael arazan

        Now if we could get the NSA to have an ethics board. They’ll just hack in and copy the technology and then implement it anyway they see fit.

    • Stnkycheezman