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Google reportedly buying artificial intelligence startup for $400 million

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According to reports (and confirmed by the internet company itself), Google has bought Deepmind: a relatively small AI company from London. Re/code broke the news, stating that Google had sunk $400 million into the purchase -- a figure that the company hasn't yet confirmed. The startup's placeholder site outlines its work on "general purpose learning algorithms," with its first projects encompassing games, e-commerce and simulations. It sounds like the team might be working in a separate direction to Google's recent robotics purchases, but the company (unsurprisingly) is plenty interested in the future of artificial intelligence: it teamed up with NASA to launch an AI research lab just last year.

Source: Recode
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