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Google- DeepMind Researchers in Discussions to Depart and Establish AI Startup

DeepMind Researchers

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DeepMind Researchers in Discussions

On January 19, according to sources, two researchers from DeepMind Researchers, Google’s artificial intelligence subsidiary, are engaged in discussions with investors to set up an artificial intelligence startup in Paris, Bloomberg News reported on Friday.

According to the report, Laurent Siffre and Carl Tuyls, the scientists who have formally announced their departure from DeepMind, are reportedly in talks with investors regarding a funding round that could raise up to 200 million euros ($217.84 million). ) can generate more than.

According to the report, the current emphasis of the company, currently identified as Holistic, appears to be on the development of a new AI model.

DeepMind did not immediately respond to Reuters inquiries for comment.

Also Read: Layoff in google for hundreds of workers

Nearly a decade ago, Alphabet subsidiary Google acquired DeepMind to further its AI research efforts. DeepMind, under Alphabet, recently entered the competition for generative AI chatbots, aiming to rival offerings like Microsoft-backed ChatGPIT.

In December, Mistral AI, headquartered in Paris and co-founded by a former DeepMind researcher, announced it had secured 385 million euros ($419.34 million) in its second funding round within seven months.

(1 US dollar is equal to 0.9181 euros.)

Also, Checkout this link: Microsoft Surpasses Apple momentarily as the Global Leader in Market Value

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