Google Makes Investment In German AI Research Center

Google, through its division in Germany, has made an investment acquiring a share of the German research Centre for Artificial Intelligence (DFKI), a nonprofit supported by scientists and academics who work on language technology, augmented reality, knowledge management, and multimedia analysis. While a Google spokesperson declined to disclose the value of the company’s stake, the deal does give Google a seat on DFKI’s board. The agreement begins a movement to cooperate more with German and European research communities that aims to strengthen Google’s portfolio of products. The investment is similar in size of monetary value to that taken by other private shareholders such as Deutsche Telekom, Intel, Microsoft, John Deere, and SAP. Google has already made investments in deep learning, artificial intelligence, and robotics. In 2014, Google paid $500 million to…

Link to Full Article: Google Makes Investment In German AI Research Center

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