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There’s the rub. Depending on who you ask DeepMind appears to, as of a year or two ago, be running deep in the red.
by woeirua 6y ago
There’s the rub. Depending on who you ask DeepMind appears to, as of a year or two ago, be running deep in the red.
- Miraste 6y agoHow would DeepMind get any revenue? I thought it was solely for research.
- nl 6y agoDeepMind will always be a loss center. That's what research groups are. I don't know how UK R&D tax works, but most countries allow companies to write off some profits against R&D. Apart from the fact Google wants to do research, having a large center based in the UK probably helps their UK (and formerly EU?) tax position.