Mark Zuckerberg, CEO of Meta, revealed that Google tried to accumulate DeepMind 10 years ago. Nevertheless, DeepMind CEO Demis Hassabis revealed that he only used it as a staking card to get good terms from Google.
Business Insider reported on the ninth (local time) that CEO Zuckerberg appeared on a podcast and revealed the behind-the-scenes story of the 2014 DeepMind acquisition negotiations.
Appearing in an interview with South Park Commons, a San Francisco-based tech community, CEO Zuckerberg spent an hour talking a few big selection of non-public topics, including Llama, open source, the metaverse, and MMA.
Amongst them, he spoke for the primary time in regards to the acquisition of DeepMind. “I desired to buy DeepMind, but they went to Google,” he said.
He continued, “But Demis was great. He did an excellent job of playing me off and getting an excellent price. I respect that. He deserves credit.” After all, he didn’t mean to present me real credit.
On this regard, it was reported that Meta had negotiated to accumulate DeepMind in 2013 when the AI ​​competition was intensifying, however the deal fell through. A yr later, DeepMind was acquired by Google for over $500 million (about 680 billion won). Considering that DeepMind was just an unknown London startup on the time, it was considered an enormous sum.
Nevertheless, it was not known why the negotiations between Meta and DeepMind broke down on the time, and 10 years later, CEO Zuckerberg criticized CEO Demis Hassabis.
Particularly, that is analyzed as Meta’s recent display of confidence because it has risen to the frontier model class by releasing ‘Rama 3.1’. In other words, it signifies that it will probably now laugh about this story since it has caught up with DeepMind.
On at the present time, CEO Zuckerberg also explained the strategy of selecting open source.
The open source policy was finalized after two internal discussions, and it was determined that “this shall be probably the most essential technology policy discussions in the subsequent five to 10 years.”
Reporter Im Dae-jun ydj@aitimes.com
