Monday 27 January 2014

Google buys AI company DeepMind after big robotics, home devices acquisitions

US media are reporting the search engine giant is in the process of buying artificial intelligence company DeepMind Technologies for $US400 million.

The London-based DeepMind describes itself as a developer of "cutting-edge artificial intelligence" that can learn for itself.

"We combine the best techniques from machine learning and systems neuroscience to build powerful general-purpose learning algorithms," the company's website said.

Google confirmed the deal after a report was published on tech website Re/code, but the company declined to name a dollar figure.

DeepMind has already developed software for e-commerce, simulations and video games.

Its future uses could vary between developing smarter AI to learn from Google users so that ads and shopping can be targeted, or it could have applications in future products where artificial learning is also important.  Read more..

Source:  Technology News

From ABC News

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