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This Guy Sold his AI Startup for $500 Million to create a $100 Billion worth AI

Science & Technology

Introduction

This man has recently been awarded a Knighthood in the UK and is now set to lead the creation of an AI valued at a hundred billion dollars. Meet Sir Demis Hbus, born in London in 1976. Hbus excelled in chess and became a chess master in his teenage years. He pursued higher education, graduating from the University of Cambridge and obtaining a PhD in cognitive Neuroscience from University College London. In 2010, he co-founded Deep Mind in London alongside Shane Legg and Mustafa Suliman. In 2014, Google acquired Deep Mind for $ 500 million, propelling it to become a prominent asset within Google. Deep Mind later developed Gemini, Google's competitor to open AI's chat GPT. Despite initial challenges with Gemini, Google is now aiming to rectify them by investing $ 100 billion into AI development.

Keywords

Sir Demis Hbus, AI, Deep Mind, Google, Gemini, $ 500 million, $ 100 billion, London, University of Cambridge, cognitive Neuroscience

FAQ

  1. Who is Sir Demis Hbus? Sir Demis Hbus is a prominent figure in the AI industry, known for co-founding Deep Mind and later selling it to Google for $ 500 million.

  2. What is Deep Mind? Deep Mind is an AI company based in London, founded by Sir Demis Hbus, Shane Legg, and Mustafa Suliman in 2010. It was acquired by Google and has since become a significant asset for the tech giant.

  3. What is Gemini? Gemini is an AI developed by Deep Mind as Google's response to open AI's GPT. Despite facing initial challenges, Google is investing $ 100 billion into AI development to further enhance Gemini.

  4. Why did Google acquire Deep Mind? Google purchased Deep Mind for $ 500 million due to its innovative AI technologies and potential for growth.