Google acquires UK artificial intelligence company DeepMind

January 29, 2014

Google’s acquisition spree continues as it snaps up London-based DeepMind Technologies, a company describing itself as being on the cutting edge of artificial intelligence. Re/Code, which originally reported the news, said Google had paid $400 million (£242 million) for the company, although after confirming the acquisition with Google itself, The Information reports the acquisition was worth more than $500 million (£300 million). (Wired)