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Google DeepMind

Company

Pharmaceutics, medicine, health care
Since 2010
Europe
London
5 New Street Square, EC4A 3TW, UK


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Google DeepMind is the company working in the field of development of artificial intelligence technologies.

Owners:
Google
Number of employees

280px

Assets

Owners

+ Google DeepMind (DeepMind Technologies)

DeepMind creates the Streams application using which it will be possible to identify patients at whom the sharp renal failure can develop, and for this purpose the company needed information on real patients. The organization received data more than about one and a half million patients, including such information as experience of drug taking, termination of pregnancy, the HIV status.

Performance Indicators

2019: Growth of losses and debt relief by $1.5 billion

In 2019 net losses of DeepMind reached £477 million that for 1.5% exceeds monetary losses of year prescription. It is said in the reporting which Google opened in the register of legal entities of Great Britain  (Companies House).

DeepMind revenue at the end of 2019 was equal to £266 million, significantly having increased concerning an indicator of year prescription in £103 million. However a basic income arrives from Google and other companies of Alphabet holding which pay DeepMind for research and development.

Google wrote off debts for $1.5 billion to the unprofitable AI division

Overwhelming part of expenses of DeepMind in 2019 fell on "personnel and other costs connected with it". The annual report shows that about £468 million in comparison with £ sterlings 398 million in 2018 were spent for these purposes. Administrative expenses, including staff expenses and infrastructure, grew by 26% to £717 million.

According to the reporting, Google wrote off DeepMind debts in the amount of £1.1 billion (about $1.5 billion) and also intends to give further a financial support to the AI division, despite the growing losses in it.

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I am excited about rates with which our engineering and scientific research groups work both in Google, and in DeepMind — the CEO of Alphabet Sundar Pichai said.
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Desire of Google to help DeepMind in many respects is connected with progress of this division. So, fall of 2020 it achieved big achievements in a protein folding. The latest version of the AlphaFold AI system is capable to give reliable forecasts of basic physical structure of protein for few days. The break was recognized by organizers of critical evaluation of forecasting of structure of protein (CASP). By December, 2020 in DeepMind about 1000 people among whom — the leading scientists-researchers in the field of artificial intelligence with annual wages from $1 million[1] work[2]

History

2019: DeepMind helped Google to increase performance of the wind power stations by 20%

On February 27, 2019 it became known that researchers from DeepMind laboratory taught to predict a neuronet the capacity of wind-driven generators in 36 hours on the basis of retrospective data on their performance and weather in a certain area. According to researchers, use of such algorithm allowed to improve performance of wind power stations of Google company for 20 percent. Read more here.

2018

Google attached the medical DeepMind project to create the AI assistant for nurses and doctors

On November 13, 2018 within the continuing reorganization of efforts in the field of health care Google announced accession to itself of the medical DeepMind Health project which was included into the research center of the London AI company DeepMind entering on an equal basis with Google into Alphabet holding earlier. Read more here.

DeepMind completely automated process of cooling of DPCs of Google

In August, 2018 it became known of full automation of process of cooling of data processing centers of Google. Thanks to it the company could reduce energy consumption by 30%, reports the startup of DeepMind entering into Google which developed a new management system. Read more here.

2016

Google opened free access to the artificial intelligence

Google DeepMind is the division of Alphabet Inc. which is engaged in development of the artificial intelligence (AI) — opened the platform. The source code of virtual environment DeepMind Lab (earlier Labyrinth) for machine learning will be completely and free of charge for users is placed based on the largest web service for a hosting of IT projects and their joint development of GitHub CNews[3].

According to Bloomberg, now anyone will be able to download the code and to configure it to train own systems of artificial intelligence. Developers will also be able to create new game levels for DeepMind Lab and to load them on GitHub.

Journalists note that disclosure of the source code continues the policy of Alphabet directed to the maximum openness of the scientific research. Last month the company signed the agreement with developers from Activision Blizzard Inc. on use of the popular game Starcraft II for a training of artificial intelligence.

Problem of formation of cards of radiation at radiotheraphy of cancer tumors

In September, 2016 it became known that Google DeepMind received two medical tasks on diagnostics: define a renal failure and a senile makulodistrofiya of a retina. Now it begins to help physicians and with treatment. More precisely - in formation of the card of radiation at radiotheraphy of cancer tumors in the head and a neck which is created based on a tomography. The matter is that the card of radiation in these areas should be to the superexact and experienced specialist at least 4 hours of routine work on its drawing up are necessary. So far will not trust artificial intelligence completely in such important issue, but the idea that after its work the physician already needs only 1 hour for drawing up the card. And it should reduce the price and accelerate treatment of many people[4].

Creation of division of DeepMind Health

On February 24, 2016 it was announced creation of division of DeepMind Health which was headed by one of founders of the company Moustapha Suleiman.

It was reported that in the work DeepMind Health will cooperate with National medical authorities of Great Britain, to provide to doctors technical expertize for development and improvement of technologies for care of patients. Special attention is going to be paid to data security of patients and confidentiality. Activity of division should be checked by council from independent experts whom Richard Horton, the editor of the authoritative magazine on medicine of The Lancet is among.

At this time DeepMind Health works on creation of the electronic tools simplifying work of the doctor. The application for the smartphone allowing to diagnose more precisely a sharp renal failure was submitted. Also DeepMind purchased the medical application, a task manager for doctors. The team of doctors from Imperial College London which created it joins DeepMind Health. Transaction amount was not disclosed.

2015: Success of the AlphaGo system

The company gained fame as a result of development of the system of AlphaGo - she defeated the professional player in go. DeepMind created the neural network capable to study video games and to play at the level of human opportunities.

2014: Google buys the company. Renaming into Google DeepMind

On January 26, 2014 Google announced DeepMind Technologies purchase. Different sources reported: transaction amount was from $400 to $650 million.

2010: Foundation of DeepMind Technologies company

The company is founded in 2010 in London under the name DeepMind Technologies. The company was created by Demis Hassabis, Shane Legg and Mustafa Suleyman. Before Hassabis and Legg were already familiar on University College London where they worked in division of a computing neurobiology of Gatsby Computational Neuroscience Unit.

Big venture funds Horizons Ventures, Founders Fund and also entreprener Scott Bannister and Elon Musk invested in the company. Jan Tallinn was one of early investors and advisers of the company.

Robotics



Notes