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.

Advertisement

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.

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.

Advertisement

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.
 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Samsung Galaxy A57 5G, Galaxy A37 5G Announced: What You Need to Know
  2. Vivo T5 Pro Tipped to Offer Battery and Display Upgrades Over Vivo T4 Pro
  3. OpenAI's New ChatGPT Feature Makes It Easier to Reference Uploaded Files
  4. Vivo Y21 5G, Vivo Y11 5G Arrive With 6,500mAh Batteries: See Price in India
  5. Snapdragon 8 Elite Gen 6 Pro Leak Highlights Differences From Standard Model
  1. OpenAI’s New ChatGPT Feature Makes It Easier to Reference Uploaded Files
  2. Gemini for Google TV Upgraded With Live Sports Scorecards and Interactive Educational Visuals
  3. Samsung Galaxy A57 5G, Galaxy A37 5G With Triple Rear Cameras, 5,000mAh Batteries Announced: Price, Specifications
  4. Court Drops Fraud Case Against CoinDCX Founders, Says No Evidence Found
  5. Google Is Reportedly Working on Adding 3D Avatars to Gemini
  6. Xiaomi 17T Pro Listing on Thailand's NBTC Certification Site Hints at Imminent Global Launch
  7. CFTC Launches Innovation Task Force to Regulate Crypto and AI Markets
  8. Samsung Unveils 4nm Exynos 1680 Chipset With 200-Megapixel Camera, 144Hz Display Support
  9. Vivo X300 Ultra, X300s and Vivo Pad 6 Pro Colour Options Revealed Ahead of China Launch
  10. The Hannah Montana 20th Anniversary Special Now on JioHotstar: Know Everything About The Show
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.