The post Why Demis Hassabis Ignored Elon Musk and Sold DeepMind to Google for $650 Million Instead appeared first on 24/7 Wall St..
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Larry Page convinced Demis Hassabis to sell DeepMind to Google (GOOGL) for $650 million in 2014, betting that the company’s compute infrastructure and patience could fund AGI research at the required scale.
Google’s investment in DeepMind proved prescient: the tech giant has grown 1,060% since 2014, Ge…