August 08 - 14:08
DeepMind lost $570 million in 2018
DeepMind, Google-owner Alphabet's AI firm, continues to haemorrhage cash. New figures show that it lost $570 million in 2018 alone. Alphabet continues to invest heavily in AI and data researchers for DeepMind's projects, despite a lack of revenues. It is also planning to exit Google's London offices to move into its own location in the city.
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