New AI-startup by Google DeepMind scientists on cards

Scientists Laurent Sifre and Karl Tuyls have already given notice to leave DeepMind
A representational image. — Unsplash
A representational image. — Unsplash

Two of Google’s artificial intelligence subsidiary DeepMind scientists are reportedly in talks with investors to form a separate startup in Paris.

Bloomberg, citing people familiar with the talks, reported that Scientists Laurent Sifre and Karl Tuyls have held discussions with investors about a financing round that could raise over €200 million ($217.84 million).

It should be noted that these two scientists have already given notice to leave DeepMind.

The publication reported that the company known at the moment as Holistic, may be focused on building a new AI model.

DeepMind was acquired by Alphabet-owned Google around a decade ago to fuel AI research and has now deployed its offerings in the race to compete with generative AI chatbots like Microsoft-backed.

Paris-based Mistral AI, co-founded by a former DeepMind researcher, said in December it had raised €385 million ($419.34 million) in its second funding round in seven months.