Google Stock Rose After It Merged Two AI Programs Into DeepMind

Google Stock

Google Stock (NASDAQ:GOOG) (NASDAQ:GOOGL)

Google (NASDAQ:GOOG) (NASDAQ:GOOGL) is combining two of its artificial intelligence research programs in an attempt to stay up with competitors who are also trying to keep up with the rapidly expanding area of artificial intelligence. As a result, Google stock surged in the market today.

According to the firm’s CEO, Sundar Pichai, the Brain team from Google Research and the DeepMind unit that the company acquired in 2014 will be merged into a single division known as Google DeepMind.

Since 2016, Google Stock has been a leader in artificial intelligence (AI). CEO Sundar Pichai has remarked that the company has been “lucky” to have two world-class research teams pushing the whole industry ahead with fundamental achievements that have ushered in a new age of AI.

The two groups have been responsible for several significant advances, some of which are listed below: “AlphaGo, Transformers, word2vec, WaveNet, AlphaFold, sequence to sequence models, distillation, deep reinforcement learning, and distributed systems and software frameworks like TensorFlow and JAX for expressing, training, and deploying large scale ML models.”

Now, Pichai aims to speed development by grouping them all together in a single concentrated team, which Demis Hassabis, the creator of DeepMind, will manage.

He also said Jeff Dean would be promoted to head scientist for Google, including Google Research and Google DeepMind, and would report directly to Pichai.

According to Pichai, “Working together with Demis, Jeff will help set the future direction of our AI research and head up our most critical and strategic technical projects related to AI, the first of which will be a series of powerful, multimodal AI models.” Pichai made these statements.

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