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Google acquires AI startup DeepMind for $500 million?

By: , IntoMobile
Tuesday, January 28th, 2014 at 4:27 AM

Google has apparently acquired an artificial intelligence (AI) startup DeepMind in a deal valued at some $500 million, recode is reporting.

The London-based DeepMind is said to be working on a number of approaches that could improve existing recommendation systems, which could presumingly help Google serve better search results. In addition, DeepMind also has a stake in e-commerce algorithms.

Founded about three years ago by programmer and neuroscientist Demis Hassabis, DeepMind could also help the search giant advance in the field of robotics. There are some underlying questions of combining the two technologies (AI & robots), so Google has reportedly set up an ethics board to ensure its artificial intelligence technologies aren’t misused. This, however, shouldn’t stop anyone from making Skynet jokes, right? ;)

[Via: AndroidPolice]

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Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run Symbian Watch which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.