Google DeepMind Scientists Said to Be in Talks to Leave and Form AI Startup

DeepMind scientists have held discussions with potential investors about a financing round that may exceed EUR 200 million (roughly Rs. 1,800 crore).

Advertisement
By Mark Bergen, Benoit Berthelot, Lizette Chapman and Sarah McBride, Bloomberg | Updated: 20 January 2024 20:15 IST
Highlights
  • Two DeepMind scientists at Google could be planning on leaving the firm
  • The duo could soon leave DeepMind and form their own AI firm
  • The new AI venture might be focussed on developing an AI model

Laurent Sifre was a co-author of the seminal DeepMind research on Go in 2016

Photo Credit: Reuters

A pair of scientists at Google DeepMind, the Alphabet artificial intelligence division, have been talking with investors about forming an AI startup in Paris, according to people familiar with the conversations. The team has held discussions with potential investors about a financing round that may exceed EUR 200 million (roughly Rs. 1,800 crore) — a large sum, even for the buzzy field of AI, the people said. Laurent Sifre, who has been working as a scientist at DeepMind, is in talks to form the company, known at the moment as Holistic, with fellow DeepMind scientist Karl Tuyls, said the people, asking not to be identified discussing private information. They said the venture may be focused on building a new AI model.

Sifre and Tuyls didn't respond to multiple requests for comment. A DeepMind representative declined to comment on the startup plans. The two have given notice to leave the company, a person familiar with the situation said, asking not to be identified because the information is private.

Sifre was a co-author of the 2016 DeepMind research on Go, a seminal work that showed a computer system beating masters of the ancient game for the first time, which sparked an international frenzy over AI. Tuyls has worked on research into game theory and multi-agent reinforcement learning, a branch of AI that explores interactions between autonomous actors, often through video games.

Advertisement

Both Sifre and Tuyls are widely considered leaders in their field, and the unusually large financing round being discussed is further evidence of strong investor interest in the technology. That's particularly true in France, where venture capitalists and business tycoons have poured funds into startups emerging from Parisian universities and the AI hubs of Silicon Valley firms.

Mistral AI, an OpenAI rival whose chief executive officer also worked for DeepMind, formed in early 2023 and had raised two sizable rounds by the year's end to earn a valuation around $2 billion (roughly Rs. 16,600). Kyutai, a nonprofit AI research lab, was formed in November with EUR 300 (roughly Rs. 2,700 crore) million in initial funding.

The new French startup under discussion is different from Holistic AI, an enterprise software business based in London.


Is the Samsung Galaxy Z Flip 5 the best foldable phone you can buy in India right now? We discuss the company's new clamshell-style foldable handset on the latest episode of Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
Affiliate links may be automatically generated - see our ethics statement for details.
 

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Advertisement

Related Stories

Popular Mobile Brands
  1. OTT Releases This Week: War 2, Mirai, Sthal, Rambo, Kurukshetra, and More
  2. Motorola Edge 70 Features Surface Online Weeks Ahead of Global Launch
  3. Vivo X300 Series gets IMDA Certification as Firm Readies Global Launch
  4. Vivo Launches OriginOS 6 Alongside BlueOS 3 With These New Features
  5. Huawei Refreshes MatePad 12 X (2025) With These New Features
  6. OnePlus 15 Global Variant Bags IMDA Certification Ahead of China Launch
  1. Slack Opens Platform for Developers to Build AI Apps and Agents on Its Data
  2. Battlefield 6 Does Not Include Content Made by Generative AI, Says EA
  3. Xiaomi 17 Ultra Camera Specifications Leaked; Could Feature 200-Megapixel Rear Camera
  4. Bybit Gains UAE’s Virtual Asset Licence; Becomes First Crypto Firm to Get Full SCA Approval
  5. Oppo Find X9 Ultra Camera Specifications Leaked; Said to Feature 200-Megapixel Rear Camera With OIS
  6. Oppo Find X9 Series With MediaTek Dimensity 9500 SoC Confirmed to Launch in India in November
  7. WhatsApp Now Lets Beta Testers Add a Link to Their Facebook Profile
  8. Fujifilm X-E5 Mirrorless Digital Camera Launched in India With X-Trans CMOS 5 HR Sensor: Price, Features
  9. Oppo Reno 15 Pro Max Launch Timeline, Price in India Leaked; Could Feature a 200-Megapixel Camera
  10. Google Messages Could Soon Introduce Gemini-Powered 'Insights' Feature for Shared Links: Report
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.