Weekly Featured Company: Google DeepMind

FoundedHeadquartersSectorEmployeesRevenueTotal InvestmentRecent Investment
2011Mountainview, CaliforniaSoftware & Services75

The future of AI?

Despite the warnings of Elon Musk, Stephen Hawking and Bill Gates about the potential dangers of machine superintelligence, Google recently announced that its DeepMind division is accelerating its efforts in Artificial Intelligence or AI. Google DeepMind has recently partnered with the renowned Oxford University for AI research. Google acquired UK-based DeepMind in 2014 for more than $500 million. Founded by neuroscientist Demis Hassabis, a former child prodigy in chess, Shane Legg, and Mustafa Suleyman, DeepMind is a formidable player in the AI community. The company specializes in an advance form of Machine Learning called Reinforcement Learning. In a nutshell, Reinforcement Learning (RL) is a branch of AI that allows software to learn by interacting with its environment. Rather than acting from what it has been explicitly taught, the software or RL agent learns from the consequences of its actions and selects its actions based on past experiences and new choices. A numerical reward signal is provided to encode the success of the action’s outcome. This week, Google DeepMind announced that they have developed AI software capable of learning to play video games just by watching them. The software scored highly against its human opponents in Atari games such as Video Pinball, Boxing and Breakout.


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