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Google Buys AI Start-Up DeepMind

January 27, 2014  |  11:45am
Google Buys AI Start-Up DeepMind

Just a few weeks after adding Nest Labs to its ranks, Google is back on the buying market. Reported yesterday by Re/code, the Mountain View behemoth has added another company to its lineup, this time in the form of artificial intelligence startup DeepMind.

DeepMind, which aims to make computers think like humans, pairs nicely with Boston Dynamics, a robotics company Google acquired in December. Where Google’s robotics program is headed is still unknown, but the company’s interest in the area is undeniable.

The deal was originally reported to be for $400 million, but new details from The Information bump the number up to $500 million and claim that Google outbid Facebook for the AI startup. Google confirmed the acquisition was taking place but declined to comment on an exact price.

Depending on where the number falls, Google will have spent close to $3.7 billion in the last two weeks. Not too shabby, but Google could do even more if you ask us.

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