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The Shape of Intelligence

Google buys DeepMind

Google pays around £400 million for a three-year-old London research company with no products; frontier AI research becomes a thing the largest companies own.

category
culture
significance
2 of 5
people
Demis Hassabis, Larry Page
organisations
Google, DeepMind

what had to happen · 31 events back to 1943

Every event this one built on, transitively, in order. Direct influences are marked.

On 26 January 2014 Google agreed to buy DeepMind for a sum reported at about £400 million, or around $650 million, its largest European acquisition. DeepMind had roughly seventy-five employees, no revenue and one published result, the Atari-playing network of a month earlier. Facebook had tried to buy it first. The deal included, at Demis Hassabis's insistence, an ethics board and a promise that the technology would not be used for military purposes.

The price was a signal. Google had already bought Geoffrey Hinton's company and hired Andrew Ng, and its rivals responded: Facebook founded FAIR under Yann LeCun in December 2013, Baidu hired Ng in 2014, and the talent market for deep-learning researchers, which had been a few dozen people, became a bidding war. The frontier of the field, which had been in universities, moved into a handful of companies with the compute and the salaries to hold it.

Elon Musk, an early DeepMind investor, later said the sale was what convinced him that a counterweight was needed, and in December 2015 he helped found OpenAI to be one.

what it led to · 11 events downstream, through 2026

Built on it directly:

  1. 2015OpenAI is foundedIV

And, through them, by era:

sources · 1

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