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Stockreport

DeepMind Alumni Raise $200 Million Funding Round for Holistic AI [BNN Bloomberg (Canada)]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: BNN Bloomberg
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Investors agreed to put in $80 million in equity and $120 million in convertible debt, chiefly for buying computing power, said the people who asked not to be identified because the details aren't yet public. They said the founding round values the company at $370 million. The startup, formed by a group of scientists who recently left DeepMind, Google's artificial intelligence lab, has audacious aims. It's working to develop “multi-agent” models, a process where a number of AI systems interact with one another. The deal for the months-old startup marks continued intense interest in companies pushing forward in AI, with investors willing to take a bet on founding teams based on their employment history as much as their proposed product. In an investor presentation, the startup described its goal to develop AI with skills like memory, planning and “tactical decision making” that AI systems have struggled with, according to a document viewed by Bloomberg News. “We build genuine AGI [Read more]
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Stockreport

DeepMind Alumni Raise $200 Million Funding Round for Holistic AI [BNN Bloomberg (Canada)]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: BNN Bloomberg
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Investors agreed to put in $80 million in equity and $120 million in convertible debt, chiefly for buying computing power, said the people who asked not to be identified because the details aren't yet public. They said the founding round values the company at $370 million. The startup, formed by a group of scientists who recently left DeepMind, Google's artificial intelligence lab, has audacious aims. It's working to develop “multi-agent” models, a process where a number of AI systems interact with one another. The deal for the months-old startup marks continued intense interest in companies pushing forward in AI, with investors willing to take a bet on founding teams based on their employment history as much as their proposed product. In an investor presentation, the startup described its goal to develop AI with skills like memory, planning and “tactical decision making” that AI systems have struggled with, according to a document viewed by Bloomberg News. “We build genuine AGI [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GOOG
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Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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MAX UP
High:
Low:
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Low:
%
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%
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PRICE CHANGE PERCENTAGE
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%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS