DeepMind, the UK-based AI lab that seeks to develop artificial general intelligence, has finally become profitable, according to the company’s latest financial report. Since being acquired by Google (now Alphabet Inc.) in 2014, DeepMind has struggled to break even with its growing expenses. And now, it is finally giving its parent company and shareholders hopeful signs that it has earned its place among Alphabet’s constellation of profitable businesses.
DeepMind becomes profitable
DeepMind becomes profitable
DeepMind becomes profitable
DeepMind, the UK-based AI lab that seeks to develop artificial general intelligence, has finally become profitable, according to the company’s latest financial report. Since being acquired by Google (now Alphabet Inc.) in 2014, DeepMind has struggled to break even with its growing expenses. And now, it is finally giving its parent company and shareholders hopeful signs that it has earned its place among Alphabet’s constellation of profitable businesses.