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Tuesday, January 28, 2014

British Chess Prodigy Sells Artificial Intelligence Software Firm to Google for £242 million

Chess Blog for Daily Chess News and Trivia (c) Alexandra Kosteniuk, 2013

Hello everyone,

Mail Online has just reported that neuroscientist and computer genius Demis Hassabis, 37, has sold his company DeepMind to Google for £242million. A comprehensive school-educated computer genius has become a multi-millionaire overnight after selling his company to Google.

Neuroscientist Demis Hassabis, 37, co-founded DeepMind Technologies just two years ago with the aim of trying to help computers think like humans.

His company has yet to produce anything commercially but Google has still paid £242million for its expertise in the pioneering field of artificial intelligence. It represents Google’s biggest ever single acquisition in Europe.

Mr Hassabis told MailOnline: We’re really excited to be joining Google.

****

Mr Hassabis grew up in Hendon, north London. At the age of four, he saw his father, a Greek-Cypriot entrepreneur, playing chess and asked to be taught the rules. Within weeks, he was beating his father. A couple of years later he was programming computers.

The acquisition by the Californian-based giant is the biggest single purchase in Europe. DeepMind specialises in 'machine learning' designing computers that can learn from their mistakes.


Read the full article at Mail Online.

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