DeepMind was acquired by Google in 2014 for around $600 million. Today, the company relies on a steady stream of capital from parent firm Alphabet. In 2019, Google Ireland waived the repayment of intercompany loans and all accrued interest amounting to £1.1 billion, according to the filing. DeepMind has been based out of a large Google building in London's King's Cross neighborhood, but it plans to move into a new office early next year. According to the filing, DeepMind spent £1.3 million on construction, furniture and fixtures, and network and production equipment in 2019. The filing also shows that DeepMind ... (full story)