Google buys UK artificial intelligence startup Deepmind for 400m

Google has made one its largest European acquisitions to date with a deal to buy DeepMind technologies, a London-based artificial intelligence firm which specialises in machine learning, advanced algorithms and systems neuroscience. The Guardian understands that Google paid 400m ( 650m) for DeepMind, which develops technologies for e-commerce and games, and has demonstrated computer systems capable of playing computer games. It aims, it says, to develop computers that think like humans. The two-year-old artificial intelligence startup was founded by former child chess prodigy and neuroscientist Demis Hassabis alongside Shane Legg and Mustafa Suleyman. DeepMind has reportedly competed with Google and other major artificial intelligence companies for talent and Google's chief executive Larry Page is said to have led the deal himself.