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Acquiring AI Companies: Tracking U.S. AI Mergers and Acquisitions

In 2010, three London technologists set out to redefine artificial intelligence by founding DeepMind, aiming to build machines capable of human-like learning and problem-solving. Within just a few years, the company achieved breakthroughs, like creating an AI that mastered classic Atari games and surpassed human experts. Google’s $650 million acquisition of DeepMind in 2014 marked a turning point, positioning the tech giant at the forefront of AI innovation. Today, the evolution of DeepMind highlights the transformative power—and challenges—of mergers and acquisitions in shaping technology’s future.

  • Author(s):
  • Jack Corrigan
  • Ngor Luong
  • Christian Schoeberl
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Acquiring AI Companies: Tracking U.S. AI Mergers and Acquisitions
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Publisher:Center for Security and Emerging Technology
Published:November 1, 2024
License:Creative Commons
Copyright:© 2024 by the Center for Security and Emerging Technology. This work is licensed under a Creative Commons Attribution-Non Commercial 4.0 International License. To view a copy of this license, visit https://creativecommons.org/licenses/by-nc/4.0/.

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