Google has confirmed to Re/code that it purchased an artificial intelligence (AI) company without disclosing the amount of cash it paid for it. The publication says Google has bought DeepMind for at least $400 million and that the acquisition negotiations were led by Google CEO Larry Page himself. Sources familiar with the company describe it as “a formidable AI player” that has aggressively recruited personnel in the space. At this time, it’s unclear what the company will do for Google, as it doesn’t have products of its own for the general public. However, re/code says that DeepMind has a respected team of up to 50 individuals, and that it managed to compete in the past with companies including Google, Facebook
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