Google Reportedly Acquires Artificial Intelligence Company For $400 Million

screenshot-2014-01-26-14-40-10When it comes to predicting your search queries and delivering ads, Google has been pretty spot on in that way, and to a certain extent almost creepy that they are able to predict what you are about to search for. Well if you thought that was kind of scary, things are just about to get even scarier as according to Re/code, word on the street has it that Google has recently acquired an artificial intelligence startup company by the name of DeepMind for around $400 million. It is unclear what Google plans to do with this company, but we wonder if it might have anything to do with their recent robotics purchase in the form of Boston Dynamics.

While DeepMind might not necessarily be a name you might be familiar with, say compared to more mainstream companies like Apple, Facebook, Microsoft, and so on, it seems that the company is able to compete with the likes of huge tech firms when it comes to recruiting top talent. As it stands, sources of Re/code have told them that DeepMind is working on developing a variety of different approaches to artificial intelligence, as well as how to apply them to various products, with a recommendation for e-commerce systems being one of them. While Google has confirmed the acquisition, they declined to confirm whether or not the price of $400 million was what they paid for for the company.

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    Tony Fadell Says It’s Up To Apple If They Want To Keep Selling Nest Products

    nest-smokeIt wasn’t too long ago that Nest, the company behind the smart thermostat developed by former Apple employee, Tony Fadell, was acquired by Google for a whopping $3.2 billion. Safe to say many were surprised by this as given the design of the Nest thermostat and the fact that Fadell used to work for Apple that Nest would have been a logical acquisition for Apple, sort of like to bring Fadell back into the fold, and also to prevent their competitors, namely Google, from getting ahead. Oddly enough this was not the case. In fact it was even reported that Google was the only serious bidder for the company, which makes us wonder where was Apple in all of this.

    In any case despite Apple’s silence on the matter, Fadell has come forward and stated that despite the acquisition by Google, he has no plans on pulling the Nest smart thermostat from Apple’s stores. In fact he states that the ball is pretty much in Apple’s court as to whether they want to continue their relationship with Nest, despite now being a Google-owned company. Speaking to Bloomberg, Fadell stated, “We want to make sure that we offer those things to them [Apple customers], and it’s for Apple to figure out whether or not they want to continue.” What do you guys think? Will Apple remain interested in carrying the Nest thermostat in their stores? After all it would almost be like Apple promoting Google’s products (by extension). We guess we will just have to wait and see, and if you stop seeing Nest thermostats in Apple’s stores, we guess we have our answer.

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    Google purchases DeepMind to augment its artificial intelligence portfolio

    Google has just made an acquisition that is somewhat both puzzling and, on further analysis, feels quite natural. It has just bought DeepMind, a startup that focuses on artificial intelligence, … Continue reading

    Google and Samsung reach a patent license accord

    Samsung and Google’s lawyers have been busy bees over the weekend. Now the two companies have announced a global patent license agreement that will extend 10 years into the future … Continue reading

    Google And Samsung Sign Cross-Licensing Deal With Each Other For Next 10 Years

    google-logo-2011-10-25It used to be back in the day that companies out compete against one another simply based on the merits of their products/services, but it seems that thanks to patents being used a weapon, companies are suing each other left and right to prevent their rivals from getting an edge over them, or at least making things really difficult for them. Well the good news is that it looks like a legal battle between Samsung and Google will not be happening anytime soon as both companies have revealed that they have signed a long-term cross-licensing deal with one another that is expected to cover patents that have already been filed, and future patents, for the next 10 years.

    The specifics of the deal were not shared with the public, apart from its announcement, although both companies did state that the deal was mutually beneficial. In fact Samsung seemed to take a pot shot at Apple, according to a statement made by Seungho Ahn, the head of Samsung’s Intellectual Property Center, where he was quoted as saying, ”Samsung and Google are showing the rest of the industry that there is more to gain from cooperating than engaging in unnecessary patent disputes.” Both Apple and Samsung are expected to meet up for talks come February, which if not successful, will see both companies back in the courtrooms shortly after.

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    Google and Samsung have made an agreement to cross-license each other’s patents for the next ten yea

    Google and Samsung have made an agreement to cross-license each other’s patents for the next ten years. That includes any patents already held, or any new ones issued in the coming decade. Long live Android!

    Read more…


        



    Red Nexus 5 Picture Leaks, Apparently Releasing Next Month

    red-nexus-5

    Google’s popular Nexus 5 smartphone is only offered in two colors right now, black and white. Its predecessor, the Nexus 4, was originally offered only in black but late last year, the company also launched a white Nexus 4 in limited quantity. Google hasn’t said anything about offering more Nexus 5 color options, but recently a few screenshots surfaced online of a purported Google Play Nexus 5 page which listed as many as eight different color options. Now a picture of a red Nexus 5 has leaked online, originating from Vietnam. The source claims that Nexus 5 will also be offered in yellow.

    (more…)

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    Gmail outage results in thousands of emails ending up in unsuspecting Hotmail inbox

    Both Google and Google users have had a rough day, with the Gmail outage leaving many without access to their inbox for a short time. As a result of this … Continue reading

    Is Google Earth Pushing Their Limits?

    This article was written on June 01, 2006 by CyberNet.

     

    I saw this movie and I think they might be right, Google might be breaking the privacy of millions of people around the World. Who knows what will come next, cameras in our house? 😀

    News Source: Google Blogoscoped

    Copyright © 2014 CyberNetNews.com

    Gmail is down, it’s not just you: Google+ as well [UPDATES]

    This afternoon Google services Gmail and Google+ appeared to be down as marked by inaccessibility by the masses starting in at around 1PM CST. While the beginning of this inaccessibility … Continue reading