Two scientists from DeepMind, a subsidiary of Google specializing in artificial intelligence, are reportedly in talks with investors to establish an AI startup in Paris. Laurent Sifre and Karl Tuyls have both resigned from DeepMind and are said to be seeking over 200 million euros in financing for their new venture, currently known as Holistic. The startup is focused on developing a new AI model, but both Google and DeepMind have not yet commented on the matter.
DeepMind, acquired by Google nearly ten years ago, has been at the forefront of AI research and development. The company is now entering the competitive field of generative AI chatbots, where it will compete with offerings such as Microsoft-backed ChatGPT. This move signals DeepMind’s continued commitment to pushing the boundaries of AI technology and exploring new avenues for growth.
In a related development, Mistral AI, a Paris-based AI company founded by a former DeepMind researcher, recently announced that it had raised an impressive 385 million euros in its second funding round within seven months. This successful funding round demonstrates the continued interest and investment in AI startups, particularly those with ties to established players in the industry.
The potential establishment of Holistic by Sifre and Tuyls has sparked interest and curiosity within the AI and tech community. With the backing of DeepMind’s expertise and resources, their new venture is poised to make a significant impact in the field of AI. Their focus on developing a novel AI model could potentially lead to groundbreaking advancements in AI technology, and investors are eager to support their endeavors.
In the opinion of industry experts, the growth and diversification of the AI startup landscape, particularly in Europe, is a positive sign for the industry. With the establishment of new players and the continued success of existing companies like Mistral AI, the AI ecosystem is poised for innovation and growth. The entry of Holistic into this landscape further underscores the potential for groundbreaking developments in AI technology in the near future.