Tech

There's A Former Child Chess Prodigy Behind Google's ~ $500 Million Acquisition, DeepMind

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Demis Hassabis DeepMind
Demis Hassabis  MIT video

Demis Hassabis is the boy-genius co-founder behind Google's latest acquisition, DeepMind. Despite its large ~ $500 million acquisition, not much has been written about Hassabis or DeepMind.

We did some digging on the web and Wikipedia. Here's what we found about the startup's brainiac founder.

Hassabis, 37, first became known as a child chess star. When he was 13, he had a sky-high Elo rating which made him the second-best player under age 14 in the world. An Elo rating is used to measure the skill-level of players in games like chess. Hassabis is also a great poker player.

When Hassabis was 17, he was an avid video game designer and creator. He co-programmed Theme Park, a game that would go on to sell millions of copies. Later, he got his PhD in cognitive neuroscience. He has also won the Mind Sports Olympiad five times.

He combined his love of both games and neuroscience and became fascinated with the ways computers could beat humans. He presented at an MIT event in 2011 and explained the history of computers beating humans in classic games such as poker and chess. He also discussed how AI was being worked into video games, whether it was used to make a character's behavior more life-like, or in the controller itself like in Microsoft's Kinect.

"The Video games industry is a big business," Hassabis told the audience. "Not as big as Google but it's a global business worth more than $10  billion per year in revenues. AI is found in nearly every triple-A top title."

In late 2010, Hassabis co-founded DeepMind, an artificial intelligence company that helps computers think like humans, particularly when it comes to gaming and e-commerce scenarios. Google is acquiring his startup for an reported $400 – 500 million. That makes DeepMind one of London's largest startup exits, following Skype and Playfish in recent years.

You can watch Hassabis explain his thoughts on AI and gaming below, starting at the 59-minute mark.

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Alyson is the Editor-in-Chief and CCO at Fortune.  She was previously a co Editor-in-Chief overseeing Business Insider's tech and business coverage.She joined Business Insider in July 2008 as the company's sixth employee. She started as a sales planner before joining the editorial team in 2010, where she became a startup reporter and was first to cover some of today's largest tech companies, including Pinterest, Tinder, Instagram, Uber and Snap. Alyson rose to become a senior correspondent, then Executive Editor.She was appointed Editor-in-Chief of Business Insider in 2016, at which point she became the youngest and only woman to run a global business publication. Under her leadership, the business division has grown to hundreds of  millions of monthly readers.Alyson was a host of  Insider's conferences and launched a podcast, "Success! How I Did It," where she interviewed influencers ranging from Sheryl Sandberg to Steve Ballmer about their career paths (subscribe on iTunes here).She has appeared on ABC, Good Morning America, Al Jazeera, MSNBC, CNBC, CNN, and CBC, and she has interviewed media personalities such as Megyn Kelly, technology leaders like Fred Wilson, political leaders like John Brennan, and sports star LeBron James. She is a judge for the prestigious Gerald Loeb Awards in business journalism, and has been named one of Min's Rising Stars in Media, as well as Folio's 2017 Top Women in Media.She graduated from Syracuse University's Newhouse School of Public Communications, where she majored in psychology and advertising.You can read some of her investigative articles here:Leaked videos reveal the true founding story of SnapchatThe founder who dumped Jared Kushner: Inside the phone call that left the White House star in a fit of rageThe downfall of billion-dollar startup, FabHow a startup that raised the largest seed round in Silicon Valley history blew itself up before it even launchedThe dark side of Facebook, where people lie, cheat, and make millionsA profile of Uber's controversial CEO, Travis KalanickThe mystery of Jody Sherman, a founder who was driven to suicide and left behind a shocking business disasterDisclosure: Alyson owns bitcoin and Snap. She is also an investor in The Spun, a sports-media startup founded by her husband.