Submitted by LesleyFair t3_105n89m in MachineLearning
LesleyFair OP t1_j3c63gw wrote
Reply to comment by manOnPavementWaving in [N] 7 Predictions From The State of AI Report For 2023 ⭕ by LesleyFair
Haha I see your point. According to VentureBeat, DeepMind has been making 60M in Profit this year from 1,06B in revenue. Google bought it for 500M in 2014. Though you are right in saying that GAFAM already pouts significant funding into ML, 1B would probably mean a significant step up.
manOnPavementWaving t1_j3cfzq2 wrote
That is just voodoo accounting, all that money is from google.
LesleyFair OP t1_j3ckf7s wrote
Hmm interesting 🤔. I didn’t know deepmind has no outside customers. You are 💯% right though. Apparently the only “sells” to Google and its subsidiaries. Thank you for pointing this out. 🙏
keepthepace t1_j3fzg3p wrote
How about Microsoft's 2019 1B investment in OpenAI then?
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