DeepMind, the Alphabet-owned artificial intelligence research unit based in the UK, reported its fist ever annual profit of £43.9 million ($59.9 million) in 2020 after losing £460.9 million the prior year, according to a local filing. What’s less clear is how DeepMind turned around its financial performance following years or reported losses. The company, which Alphabet purchased in 2014 for...
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Why the AI Race Is Getting Weird
There comes a point in every major new technology cycle where new alliances form, especially between the incumbents and the younger upstarts nipping at their heels.This is happening at superspeed in artificial intelligence—but the pattern is frankly pretty weird, and I think it points to the fact that AI, in a lot of ways, is going to be different from tech developments before it, like cloud...
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