Google AI scientists – Laurent Sifre and Karl Tuyls, former scientists associated with Google’s AI subsidiary, DeepMind, are reportedly in discussions with investors to establish an AI startup named Holistic in Paris. The duo, having officially parted ways with DeepMind, is currently in negotiations for a funding round that could exceed €200 million ($217.84 million). Holistic is anticipated to focus on the development of a groundbreaking AI model. Responses from Google and DeepMind to Reuters’ inquiries are pending.
Google AI scientists
DeepMind, operating under Google’s parent company Alphabet, has been a significant contributor to AI research. While the Google-backed ChatGPT has gained prominence in generative AI chatbots, DeepMind has entered the arena with its own products to compete.
In a related development, Mistral AI, a Paris-based company co-founded by a former DeepMind researcher, revealed securing €385 million ($419.34 million) in its second funding round within a span of seven months.
Google Initiates Further Workforce Reduction Amid Restructuring
Google, following the layoff of approximately 12,000 employees in early 2023, has initiated additional job cuts. These ongoing layoffs are part of a broader restructuring initiative aimed at optimizing operational efficiency through the integration of AI, with a primary impact on the ad sales division. Affected employees have been duly notified and are offered opportunities to apply for other available positions within Google. Sundar Pichai, CEO of Google, acknowledged the challenging circumstances and emphasized the necessity for proactive measures to mitigate potential adverse outcomes in the future.