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Google’s Deep Mind Is Making AI And Data Diagnosis A Business Modal…But Have Losses

Deep Mind is One Of the most advanced AI Labs Which Turned Profitable In October 2021

The Company Reportedly Made Over $60 Million Dollars
But Before This
It Has Been Occuring Massive Losses As During The Year of 2019
The Incurred A Loss Of 650 Million



So Let’s Know what Is Deep Mind’s Business Modal



They Don’t Sell Their Products Directly To Consumers Which Is Also Known As D2C
But They Sell Software Services Like Google Etc


One Of The Key Thing To Know About Them Is Thag They Employ One Of The best Ai Based Researchers Which Can  Take More Than $1 Million Dollars

The Total Revenue In 2020 Was Over $1.1 Billion Dollars

Which Is 3x The Revenue Of 2019 Which Was $361 Million Dollars

But They incurred a loss of $650 Million Dollars In 2019 Itself

What Could Be The Main Revenue Stream Then ?
The Sources Have Told That The Company Genrates Revenue Through SERVICE Agreements Which Other Groups Undertaking Research Services

Their Main Focus Is Over Deep Reinforcement Learning
Is A Machine Which Helps In Scientific Research

But it also comes with a price that it’s a very expensive research to do and moreover the applications are limited

Another Thing Is That The Business Modal Of Deep Mind Does not constitute a profitable business

In 2020, DeepMind paid £467 million in staff costs, nearly two-thirds of its total expenses. The company has around 1,000 employees, a small percentage of whom are highly paid scientists, researchers, and engineers.

Alphabet has proven to be a patient owner for DeepMind. It waived a £1.1 billion ($1.5 billion USD) debt in 2019 and helped DeepMind report positive earnings in 2020. Whether Alphabet will remain generous and faithful in DeepMind’s mission in the long run — and it is a long run — remains to be seen. But if Alphabet’s patience does run out, DeepMind will be left with no customers, no funding, and fierce competition from tech giants who will want to poach its talented scientists to achieve fundamentally different goals.








2 responses to “Google’s Deep Mind Is Making AI And Data Diagnosis A Business Modal…But Have Losses”

  1. I would be glad to receive información about machina leaning; BI; data science and topics related to this matter. Thanks in advance

    Liked by 1 person

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