Google-owned AI firm Deepmind suffers ballooning losses as debt mounts August 7, 2019 Deepmind, the artificial intelligence company owned by Google, has posted a huge increase in loss for the full year as its debt level reached more than £1bn. Read more: Google takes off as revenue tops expectations The London-headquartered company reported a loss of £470m in 2018, compared to £302m the previous year, according to its [...]
Google and DeepMind are playing fast and loose with society’s trust November 20, 2018 Last week, we were greeted by the disturbing news that DeepMind, an artificial intelligence subsidiary owned by Google’ s parent company Alphabet, is moving some of its healthcare activities into the newly formed Google Health. This isn’t the first time that one of the tech giants has been accused of making misrepresentations to consumers, using [...]
Calling the data doctor: How Chronomics wants to educate you about your epigenetics June 27, 2019 How old are you? A simple enough question, you may think, but not for Dr Tom Stubbs, co-founder and chief executive of epigenetic testing company Chronomics. Epigenetics is (to quote the Chronomics website) the study of heritable phenotype changes that do not involve alteration in the DNA sequence. It’s essentially how environmental factors – from [...]
Behind the scenes of YouTube Space London, the co-working space with state of the art studios for video creators November 2, 2018 When Google’s gigantic new campus at King’s Cross is eventually completed, the building will be longer than the Shard is tall. At a planned 1,082 ft it’s been dubbed the world’s first “landscraper”, stretching from the station entrance at King’s Cross to the canalside by Granary Square. Along with the company’s existing premises at 6 [...]
20 years since Deep Blue: Garry Kasparov on the human-machine relationship October 9, 2017 When Garry Kasparov was defeated in a game of chess by IBM’s Deep Blue in 1997, it represented more than just a PR exercise from an opportunistic computer manufacturer looking to bump its share price. For many, it signified the start of the end of human supremacy: the machines had won. Today, 20 years later, [...]
Stephen Hawking: Artificial intelligence research crucial to the human race October 20, 2016 The UK is about to further boost its status as a world leading centre for artificial intelligence (AI) with the launch of a new centre in Cambridge which is set to explore the implications the technology holds for humans. Officially opened by Professor Stephen Hawking on Wednesday, the £10m Leverhulme Centre for the Future of Intelligence [...]
AI can liberate humans to lead happier lives, if we get it right September 11, 2017 Discussions around artificial intelligence (AI) provoke both excitement and fear in strong measure. Just last week, Elon Musk predicted that AI will be the most likely cause of World War III (although perhaps he just wasn’t following President Donald Trump closely enough). As happens so often with new advances, policymaking lags significantly behind. We must [...]
Online personal styling service Thread is in fashion as investors pump $8m into one of the UK’s hottest start-ups August 23, 2015 Men’s fashion start-up Thread has closed a Series A funding round, raising $8m (£5m) from investors including the co-founders of Google’s DeepMind and a former president of Saks Fifth Avenue. Demmis Hassabis and Mustafa Suleyman, who along with Shane Legg sold DeepMind to Google in 2014, and Andrew Jennings, previously of Saks Fifth Avenue, were [...]
Ghost in the ad machine August 23, 2015 ZenithOptimedia’s Grant Millar talks stack-storytelling and AI WITH the rise of the algorithm in the advertising industry, it is becoming easier to tailor messaging around a consumer’s individual preferences. But as traditional segmentations are consigned to history and analytics continues its inexorable march, advertisers face pressure to defend their methods from criticism around privacy. Grant [...]
Google snaps up London start up in £400m deal January 28, 2014 GOOGLE has paid £400m to take control of a London-based tech company co-founded by former chess prodigy and neuroscientist Demis Hassabis. DeepMind Technologies, which was set up by Hassabis and colleagues Shane Legg and Mustafa Suleyman in 2011, will work on research and development projects in artificial intelligence, which could one day be used in [...]