3 ms·
DeepMind 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
by nl 6y ago
DeepMind 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.