It seems that Google is showing a massive interest in AI and robotics. Re/code reports that the Big Daddy is in the process of acquiring DeepMind Technologies for $400 million as part of a concerted talent acquisition effort. Sources confirm this report (Updates are at the bottom).
According to the startup's website (which is currently only a placeholder), DeepMind combines machine learning and neuroscience to create "general-purpose learning algorithms." Details are sparse on the buyout, but the report comes little more than a month after the Mountain View company bought robotics outfit Boston Dynamics.
We still have yet to see what Google can do with this acquisition. AI has been reflected by google in Google Now which takes a really got shot at Siri. We still have to see weather Google and Deepmind can create robots for our homes.
Update: A Google spokesperson confirmed that the acquisition is taking place, but would not comment on how much the company paid in the deal.
Update 2: The Information now reports that Google beat Facebook to the DeepMind acquisition, spending more than $500 million for the company. Facebook was reportedly deep in negotiation talks with DeepMind, and it's unclear why the deal fell through. Sources also stated that Google has created an ethics board to ensure that the AI technologies it is developing are not abused.
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