Bangalore: Google’s shopping spree is unending with the latest acquisition of a London based artificial intelligence startup, DeepMinds. The internet giant is anticipated to take a giant leap into the artificial reality space, which is reaffirmed by the acquisition. Even though no official information on the deal was revealed, sources close to the matter said Google payed around $500 million to possess the startup reports Financial Times.

 The startup was founded in 2012 by Demis Hassabisis Demis Hassabis, Shane Legg and Mustafa Suleyman and is into the development of "machine learning" technology, enabling computers to teach themselves new capabilities without human interference.  DeepMind’s homepage reads “We combine the best techniques from machine learning and systems neuroscience to build powerful general-purpose learning algorithms”

DeepMind has earlier furnished that their first commercial products based on its technology would be in areas of simulation, ecommerce and games. The Google deal has raised doubts whether the products will be launched as promised before the deal. .

Google earlier this month had acquired Nest Labs, a firm that produces “smart home devices” and couple of months back, Boston dynamics famed for manufacturing animal like robots. However the acquisition of DeepMind directly headed by Google CEO Larry Page is looked at with great suspense.

Read Also:

7 Indian Tech Startups Acquired By Global Players

Edu Startup Metis Launches Eddy; An Android Tablet For Kids