Monday, November 4, 2024
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Alphabet’s AI Lab DeepMind Cut Employee Costs by 39% in 2022, Reported Decline in Profit

Despite these financial challenges, Google, which acquired DeepMind in 2014, has committed to extending financial support to the company for at least another 12 months from September 28. DeepMind, Alphabet Inc‘s (NASDAQ: GOOGL) division responsible for developing general-purpose artificial intelligence (AI) technology, reduced employee expenses by 39% last year within its cost-cutting

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Google DeepMind CEO Demis Hassabis says we may have AGI ‘in the next few years’

Demis Hassabis, the CEO of Google DeepMind, recently predicted that artificial intelligence (AI) systems would reach human-level cognition somewhere between “the next few years” and “maybe within a decade.” Hassabis, who got his start in the gaming industry, co-founded Google DeepMind (formerly DeepMind Technologies), the company known for developing the AlphaGo

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Google DeepMind restructuring aims to deliver next-gen AI breakthroughs

Google and Alphabet CEO Sundar Pichai announced the merger of two entities with the company to form a separate business unit dedicated to the development of the next generation of artificial intelligence (AI) breakthroughs and products.The new unit, Google Deepmind, was formed by merging the Brain team from Google Research

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