Exclusive: Google to Buy Artificial Intelligence Startup DeepMind for $400M | Re/code

An AI market sweep

"Though DeepMind may not be a household name in tech, sources in the artificial intelligence community describe the company as a formidable AI player and say it has been aggressively recruiting in the space. One source said DeepMind has a team of at least 50 people and has secured more than $50 million in funding. This person described DeepMind as “the last large independent company with a strong focus on artificial intelligence,” and said it competed with companies like Google, Facebook and Baidu for talent."

Exclusive: Google to Buy Artificial Intelligence Startup DeepMind for $400M | Re/code