BAKU/27.01.14/TURAN : Google is going to acquire StartUp to develop artificial intelligence DeepMind.
According to the portal Re / Code, Google representatives confirmed the deal, but it is not stipulated amount - on different information, it ranges from $ 400 to 500 million.
The company DeepMind is little known to townsfolk, but among its colleagues on the development of artificial intelligence it is considered to be a strong player . It was founded by 37-year-old Demis Hassabis, former childhood prodigy in chess, who then worked since 16 years old at the legendary game studio Bullfrog and Lionhead.
Now his company employs 50-75 people , investing in it $ 50 million , and on the level of developed technologies it can compete with Google and Facebook.
On the one hand , this is just one of the many promising members of StartUp, regularly bought by Google. On the other hand , against the background of recent acquisitions dozen manufacturers robotics necessarily think that Google apparently plans to engage seriously robots now , perhaps even " reasonable ." - 17D-
Economics
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Azerbaijan is bracing for heightened expectations of currency devaluation as declining oil revenues and mounting inflationary pressures fuel concerns over economic stability, experts warn.
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A delegation led by Azerbaijan's Minister of Economy, Mikayil Jabbarov, met with key Italian officials during an official visit to Italy, highlighting the strong and multifaceted partnership between the two countries.
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The Cabinet of Ministers of the Republic of Azerbaijan approved amendments on July 17 to the list of goods, services, and tariffs regulated by the state, as well as adjustments to import and export customs duties. These changes, guided by Article 119, paragraph 8 of the Constitution of Azerbaijan, aim to streamline economic activities and improve the regulatory framework.
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Rashad Huseynov has been appointed as the new director of the Center for Agricultural Research under the Ministry of Agriculture, replacing Firdousi Fikretzade who led the center since 2019. Fikretzade stepped down from his position on June 10 at his own request.
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