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AI lab DeepMind becomes profitable and bolsters relationship with Google

by Derek McKinney | Posted on October 10, 2021

A line graph that shows the exponential increase in DeepMind's revenue from 2016 to 2020 (expressed in pounds). In 2016 it earned about 50 million pounds in revenue. In 2017 it earned about 70 million pounds in revenue. In 2018 it earned about 100 million pounds in revenue. In 2019 it earned about 260 million pounds in revenue. In 2020 it earned about 825 million pounds in revenue.

While this could be great news for DeepMind, which has always hemorrhaged money, the AI lab’s financial reports are also notably vague.Read More

via VentureBeat

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