A book excerpt provides a look at how Google edged out Baidu, Microsoft, and DeepMind to acquire DNNresearch, which was founded by AI pioneer Geoffrey Hinton
that is until now. https://www.wired.com/... Ankur Handa / @ankurhandos : “The bids quickly climbed to $40M, $41M, $42M, $43M. “It feels like we're in a movie,” he said. One evening, close to midnight, as the price hit $44M, he suspended the bidding again. He needed some sleep.” Story of the famous auction in AI. https://www.wired.com/...
How do you sell a three-person startup with no products and no customers for tens of millions of dollars? Do what Geoff Hinton did: https://www.wired.com/...
Years later, when he was asked to reveal the companies that bid for his startup, @geoffreyhinton answered in his own way: “I signed contracts saying I would never reveal who we talked to. I signed one with Microsoft and one with Baidu and one with Google."https://www.wired.com/ .…
Bidders included some of the biggest tech companies in the world, yet some participants in the auction never had a full picture of who they had bid against for the future of computing—that is until now. https://www.wired.com/...
“The bids quickly climbed to $40M, $41M, $42M, $43M. “It feels like we're in a movie,” he said. One evening, close to midnight, as the price hit $44M, he suspended the bidding again. He needed some sleep.” Story of the famous auction in AI. https://www.wired.com/...