Google to buy artificial intelligence firm DeepMind
Published on Jan 27, 2014 5:52 PM
LONDON (AFP) - 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 US$400 million (S$511 million) and US$500 million.
On its one-page website, DeepMind describes itself as "a cutting edge artificial intelligence company" which combines "the best techniques from machine learning and systems neuroscience to build powerful general-purpose learning algorithms".
To continue reading, log in if you are a subscriber
Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!