DeepMind(Google DeepMind) Technologies Limited is a British artificial intelligence company that develops learning algorithms that use data or raw experience to better themselves.
DeepMind is the world leader in artificial intelligence research and its application for positive impact.
DeepMind was founded in September 2010 by Demis Hassabis, Shane Legg and Mustafa Suleyma. The company is based in London, but has research centres in California and Canada.
DeepMind Technologies' goal is to "solve intelligence", which they are trying to achieve by combining "the best techniques from machine learning and systems neuroscience to build powerful general-purpose learning algorithms". They are trying to formalize intelligence in order to not only implement it into machines, but also understand the human brain, as Demis Hassabis explains:
DeepMind was acquired by Google on Jan 26, 2014 for $500M.
DeepMind has created a neural network that learns how to play video games in a fashion similar to that of humans, as well as a Neural Turing machine, or a neural network that may be able to access an external memory like a conventional Turing machine, resulting in a computer that mimics the short-term memory of the human brain.
DeepMind made headlines in 2016 after its AlphaGo program beat a human professional Go player for the first time in October 2015 and again when AlphaGo beat Lee Sedol, the world champion, in a five-game match, which was the subject of a documentary film.
DeepMind is backed by major venture capital firms Horizons Ventures and Founders Fund, as well as entrepreneurs Scott Banister and Elon Musk.