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Google has signed an agreement to acquire the UK-based artificial intelligence company DeepMind Technologies.
The acquisition is expected to support Google in its recent projects like self-driving cars and robots by combining DeepMind’s artificial intelligence technology.
According to the reports, Goole paid about $400m.
DeepMind Technologies, which was founded in 2012 by Demis Hassabis, Shane Legg and Mustafa Suleyman, makes applications which is used in simulations, e-commerce and games using general-purpose learning algorithms.
The London based company claims to combine the best techniques from machine learning and systems neuroscience to generate powerful general-purpose learning algorithms.