Google to acquire AI company DeepMind

Internet giant continues emerging technology spending spree.

Google has agreed to acquire artificial intelligence company DeepMind for an undisclosed sum.

The London-based firm, which was founded in 2012, claims to bring together the best techniques from machine learning and systems neuroscience to build powerful general-purpose learning algorithms.

Its first commercial applications have been in simulations, e-commerce and games.

Advertisement - Article continues below

According to technology website re/code, Google paid $400 million for DeepMind. IT Pro contacted Google for confirmation of this figure but had not received a response at the time of publication.

Google made its name as a search engine before branching out into other internet-based offerings such as webmail and productivity apps, followed by its Android mobile operating system.

In recent times the company has expanded into real-life technology. While it has carried out some in-house development, such as Google Glass, Google Car and the most recently announced Google Contact Lens, it has also pursued a number of acquisitions of emerging technologies.

In the run up to Christmas, the firm bought military robotics firm Boston Dynamics for an undisclosed sum, having made several robotics acquisitions previously.

It then kicked off the New Year by acquiring smart thermostat and fire alarm maker Nest Labs for $3.2 billion (1.94 billion) in cash, its second most expensive purchase after Motorola Mobility in 2012.

Advertisement - Article continues below

Google also hired futurist, inventor and entrepreneur Ray Kurzwell in 2012 to lead an engineering team focused on machine learning and language processing, and in May 2013 announced a partnership with NASA to launch the Quantum Artificial Intelligence Lab.

Featured Resources

The case for a marketing content hub

Transform your digital marketing to deliver customer expectations

Download now

Fast, flexible and compliant e-signatures for global businesses

Be at the forefront of digital transformation with electronic signatures

Download now

Why CEOS should care about the move to SAP S/4HANA

And how they can accelerate business value

Download now

IT faces new security challenges in the wake of COVID-19

Beat the crisis by learning how to secure your network

Download now


Google Android

Arizona files lawsuit against Google for illegally tracking Android users’ locations

29 May 2020
email providers

Gmail introduces new features to makes personalizing your inbox easier

28 May 2020
Google Android

Google Assistant can now verify payments using your voice

27 May 2020
Google Android

Google Maps celebrates Global Accessibility Awareness Day with Accessible Places

22 May 2020

Most Popular


Apple confirms serious bugs in iOS 13.5

4 Jun 2020

The UK looks to Japan and South Korea for 5G equipment

4 Jun 2020

Tycoon ransomware discovered using Java image files to target software firms

5 Jun 2020