Green is a modern day Robert Maxwell of the Mirror Group or Mirrorsoft videogame fame...
The Deep Mind Story has a twist 01/12/20
Google's grip on DeepMind set to cost taxpayers tens of billions
DeepMind was snapped up by Google in 2014 for around £400m - but one of its early investors believes it is now worth at least $30bn
One of the founding investors in DeepMind has warned that UK taxpayers will miss out on billions of pounds in revenue from a pioneering protein breakthrough because of the sale of the technology company to Google six years ago.
Humayun Sheikh, an early investor in the London-based artificial intelligence company now owned by Google-owner Alphabet, said the news this week that it had cracked the 50-year-old scientific puzzle of protein folding was a sign that it was now looking at more commercial opportunities.
"What they had set out to do was artificial general intelligence, and this is a completely different route."
He said Google's ownership of the company means UK taxpayers miss out on tens of billions of pounds in future economic gains.
Mr Sheikh, who is now chief executive of AI firm Fetch.ai, said research in areas such as these could potentially yield tens of billions of pounds in economic gains for Google, given the advances are "way ahead" of anything other technology companies are achieving.
The Deep Mind Story has a twist 01/12/20
Google's grip on DeepMind set to cost taxpayers tens of billions
DeepMind was snapped up by Google in 2014 for around £400m - but one of its early investors believes it is now worth at least $30bn
One of the founding investors in DeepMind has warned that UK taxpayers will miss out on billions of pounds in revenue from a pioneering protein breakthrough because of the sale of the technology company to Google six years ago.
Humayun Sheikh, an early investor in the London-based artificial intelligence company now owned by Google-owner Alphabet, said the news this week that it had cracked the 50-year-old scientific puzzle of protein folding was a sign that it was now looking at more commercial opportunities.
"What they had set out to do was artificial general intelligence, and this is a completely different route."
He said Google's ownership of the company means UK taxpayers miss out on tens of billions of pounds in future economic gains.
Mr Sheikh, who is now chief executive of AI firm Fetch.ai, said research in areas such as these could potentially yield tens of billions of pounds in economic gains for Google, given the advances are "way ahead" of anything other technology companies are achieving.
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