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Why Demis Hassabis sold DeepMind to Google in 2014: Needed $7 billion but could 'barely raise $10 million'

Partially corroborated53

Demis Hassabis, co-founder of DeepMind, revealed that the 2014 sale to Google was driven by financial necessity, citing a $7 billion need. DeepMind’s breakthrough in training AI agents led to its fame, despite being revenue-less.

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