Google DeepMind Hires Staff, Licenses Technology from Contextual AI

· The Information ·

Google DeepMind agreed to pay $80-90M to hire staff and license technology from Contextual AI, including CEO Douwe Kiela.

Categories: Money & Moves

Excerpt

<p>Google DeepMind agreed to pay between $80 million and $90 million to hire&nbsp;employees from AI agent startup Contextual AI and to license its technology, according to a person with knowledge of the deal.</p> <p>Douwe Kiela, Contextual’s cofounder and CEO, is expected to join DeepMind alongside over ...</p>