Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Google Purchases Uk Artificial Intelligence Firm Deepmind For $400 Million  Join our daily free Newsletter

MENAFN - Qatar News Agency - 29/01/2014

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - Qatar News Agency) Google has acquired London-based artificial intelligence firm DeepMind Technologies, the latest in a series of start-up purchases by the tech giant.

A Google spokesman confirmed the acquisition on Monday, but declined to comment on the purchase price

Tech website Re/code, first to report the news, said that Google was paying 400 million

Privately held DeepMind describes itself as a "cutting edge artificial intelligence company" that specializes in machine learning and systems neuroscience

Google (GOOG, Fortune 500) is on a campaign to beef up its expertise in artificial intelligence and robotics, related fields that have been a research and development focus for the company

Over the past year, Google has snapped up at least seven robotics firms, according to the (CNN)

Late last year, Google bought Boston Dynamics, a company known for developing super-fast, animal-like robots with strong ties to the US military

Google's broader push into the field of robotics is being led by Andy Rubin, the man responsible for developing the Android platform for smartphones

Google also acquired last June Israeli navigation startup Waze for 1. 1 billion.

 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help