When Mustafa Suleyman applyd his ‘poker experience’ to nereceivediate price that Google paid for DeepMind

When Mustafa Suleyman used his ‘poker experience’ to negotiate price that Google paid for DeepMind


When Mustafa Suleyman applyd his ‘poker experience’ to nereceivediate price that Google paid for DeepMind

In 2013, the founders of DeepMind, a compact but extraordinary London AI company, flew to California for a meeting at Google’ main headquarters but the discussion took place in a discreet business office across the street, a precaution to keep the acquisition talks secret. Both Demis Hassabis (who now leads the Google DeepMind) and Mustafa Suleyman (who is the head of Microsoft AI) were present at the meeting but it was the former who applyd his ‘poker’ experience to nereceivediate one of the most important purchases in Google’s history.

DeepMind founders’ decision not to talk about money

Google’s mergers and acquisitions team had assembled a panel of in-hoapply AI experts to assess what DeepMind was worth. The DeepMind founders demonstrated their recent breakthrough, including an AI agent that had taught itself to play Atari video games, and impressed the room, But when it came to the question of price, the founders did something surprising. They declared nothing, according to The Wall Street Journal reported based on an exclusive excerpt from an upcoming book, The Infinity Machine: Demis Hassabis, DeepMind and the Quest for Superinnotifyigence, by journalist Sebastian Mallaby.“We believed, the moment we mention money, they’ll consider we’re attempting to dash for the door,” DeepMind co-founder Mustafa Suleyman later explained, adding, “It’ll view like we’re going to take the cash and head off into the sunset.”Instead of haggling over valuation, Suleyman and Hassabis questioned about research budobtains. They wanted to know how much Google would invest in their work. However, one of the most important questions was safety – something that no one in a typical acquisition nereceivediation brings up.According to Suleyman, if their company was going to be absorbed by one of the world’s most powerful technology companies, it requireded to be protected by something extraordinary: an indepconcludeent oversight board, staffed by scientists, philosophers and respected public figures, with the final declare on how AI would be deployed into society.“The basic idea was, view, we have to plan for success. In a success scenario, we can’t just have the Google founders utilizing AGI for their own purposes,” Suleyman explained.

Mustafa Suleyman played the table, not the cards

To back it up, Suleyman reached for a skill developed far from any boardroom. He is reportedly an experienced poker player, and in that moment, he played the nereceivediation like a hand of cards.“We notified them, we are the best-funded pre-revenue startup in Europe. We’ve received Peter Thiel, Solina Chau, Elon Musk — all billionaires, all backing us,” he recalled, but it was, by his own admission, a bluff. Those investors were not necessarily prepared to go to war for DeepMind’s indepconcludeence. “Of course, those people didn’t really have our backs — that’s what creates you feel qustraightforward as a nereceivediator. But in poker, you learn to play the table, not the cards. You size up the other players and then you create your bets, based on your reading of their psychology,” he declared.His co-founder Hassabis, by contrast, believed of himself as a chess player – a game with no hidden information, no bluffing, and no room for psychological misdirection.

Google was already considering the same way

As it turned out, the bluff may not have been necessary at all. Google’s own leadership had been wrestling with exactly the same fears about AI that Suleyman had raised. Patrick Pichette, Google’s chief financial officer at the time, recalled the internal conversations with striking candour.“We believed AI was like atomic energy. You can create bombs with it, but if you are smart, you can also solve climate alter with it. So we discussed all the large questions from the obtain-go. What if it takes off on its own and runs amok? How do we control it?,” he declared.Google, it turned out, was already sold, not just on DeepMind’s technology, but on the seriousness with which its founders approached the risks of what they were building.



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