Google DeepMind scientists in discussions to leave and launch an AI firm

A few DeepMind scientists are in negotiations with investors about launching an AI startup in Paris.

A pair of scientists at Google’s (GOOGL.O) artificial intelligence subsidiary DeepMind are in talks with investors to launch an AI business in Paris.

Scientists Laurent Sifre and Karl Tuyls, who have already given notice to quit DeepMind, have met with investors to explore a financing round that may raise more than 200 million euros ($217.84 million), according to the article.

The company, now known as Holistic, may be working on developing a new AI model, according to a report.

DeepMind was bought by Alphabet-owned Google roughly ten years ago to feed AI research and has now deployed its own solutions in the fight to compete with generative AI chatbots like Microsoft-backed ChatGPT.

Mistral AI, a Paris-based startup co-founded by a former DeepMind researcher, announced in December that it had raised 385 million euros ($419.34 million) in its second investment round in seven months.

Also read: Human intelligence and AI are inextricably linked, and the latter exists to complement and enhance the former, says Tanvir Khan, Chief Digital and Strategy Officer at NTT DATA Services

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