Rebirth of England.

Chapter 799 DeepMind
In fact, at this time, America also had a startup drone company - 3DR, which was founded in 2009 by Chris Anderson and Jordi Munoz.

The founder, Chris, is the editor-in-chief of Wired, a famous American technology magazine, focusing on reporting on emerging technologies.

What really made him pay close attention to and develop interest in the field of drones were his five children. One time, Chris brought a set of Lego drone kits home. When his five children were deeply immersed in the fun of operating the drones, he discovered that the drones were not very stable.

So, Chris, who is good at solving problems, founded the drone online community - DIY Drones.

He hopes that through this community, geeks interested in drones can communicate with each other and solve some problems faced in drone operations.

Another founder, Jody, was the seventh user registered on DIY Drones. He won a very good ranking in the 2008 Sparkfun AVC competition with the helicopter model he developed. He is a very capable technical geek.

Jody often shares photos, videos, and codes of his DIY drones in the DIY Drones community.

These codes looked very advanced and difficult, and Chris thought Jody's skills were quite good, so they sent private messages to each other in the community, became familiar with each other, and eventually founded 3DR together.

In the early days of 3DR, Jody was responsible for hand-building and selling drones, while Chris continued to run his own drone forum.

At that time, Chris had not yet left Wired magazine, but continued to serve as editor-in-chief of Wired magazine - this situation lasted for 3 years until 3DR received its Series A financing.

Although 3DR still hadn’t launched a finished product at this time, because the capital market was optimistic about the prospects of drones and the company was founded in the United States, by the end of 2012 in the original time and space, its number of employees had reached 350, and it completed its Series A financing earlier than DJI, with a valuation of as high as US$3.6 million. At that time, DJI, which had already launched many products before the Phantom 1, was valued at only US$3 million in its Series A financing!
However, Baron still chose to invest in DJI and was not prepared to intervene in 3DR because he knew that 3DR's later products had many problems, but they blindly increased production, resulting in product backlogs, dragging down the company and forcing it to withdraw from the consumer drone market...

In fact, 3DR was also very lucky to have appeared in DJI and achieved success. American capital needed to benchmark DJI, and their expectations were artificially pushed up when they were making arrangements in the drone industry.

If we only consider the technical strength, the current 3DR company does not have very advanced technology. Instead of acquiring or investing in this company, Baron would rather invest these resources in Aerospace Precision, which he established in London.

After all, in the field of consumer drones, DJI has already set a demonstration. They only need to follow in DJI's footsteps and achieve better features in some aspects while controlling their production costs.

Even if Hangyu Precision finds it difficult to catch up with DJI's drone products, they will be able to fill the gap when the European and American markets impose some restrictions on DJI's products in the future.

In addition, Barron also needs a drone project that he can control.

……

"Your Highness, Digital Future has just completed the acquisition of DeepMind. Next, they will expand their laboratory in London as planned to complete more projects..."

After Zhang Junning left, Talulah Riley came over and said to Barron.

DeepMind is a cutting-edge artificial intelligence company co-founded by artificial intelligence programmer and neuroscientist Demis Hassabis and others in 2010. In Baron's previous life, the company was acquired by Google in 2014 and became the most important part of Google's artificial intelligence business. Google DeepMind combines the most advanced technologies of machine learning and system neuroscience to build powerful general learning algorithms. The initial results are mainly used in commercial fields such as simulation, e-commerce, and game development, and will gradually be applied to fields such as healthcare.

Since this company is so important, Barron naturally cannot leave it to Google. At the beginning of this year, he instructed Digital Future Investment Company, a subsidiary of Caesar Fund, to negotiate the acquisition with them.

Artificial intelligence has a wide range of applications in the future, from smart driving to medical care, which are very important for Barron's industries.

Now, it is still a relatively early period for the field of artificial intelligence. Baidu, China's first company to invest in artificial intelligence, did not establish its deep learning laboratory until 2013.

The reason why DeepMind was able to accept the acquisition by Digital Future is not only that they have sufficient application resources to enable DeepMind to apply its research results in this area, but also that Digital Future has promised to continue to invest funds in DeepMind in the future. There is no doubt that research on artificial intelligence is also a very expensive thing. The computing power required for this purpose alone is not something that ordinary companies can handle.

In addition to the DeepMind that he has just acquired, Baron has also established three artificial intelligence-related research centers in London, Silicon Valley and Shanghai. It can be said that he is not stingy with money when it comes to investing in this area.

"Honey, are you busy?"

Just after he finished reading the documents about DeepMind's current projects brought by Talulah Riley, there was a knock on the door of his study, and Fan Bingbing asked while standing at the door.

"Wait a mininute……"

Barron stood up and said to Talulah:
"There is no need to adjust DeepMind's project for the time being. Artificial intelligence is still some distance away from large-scale application, so the most important thing is to enable machines to have a higher level of intelligence through the 'cultivation' of those scholars and experts."

As Talulah silently memorized Barron's words, she saw him leaving and couldn't help but turn her gaze to Fan Bingbing who was also looking at her...

Of course she knew the other person's identity. In addition to being a very famous female star in China, she was also quite well-known in Hollywood.

At the same time, this woman is in charge of some of her boss's industries in China, especially film and television investment.

Speaking of which, Fan Bingbing's appearance is indeed something that people in both the East and the West would admire.

When he came to Shanghai, Barron naturally lived in Cavendish Gardens, which was the Yan family garden that he first bought and then thoroughly renovated and decorated.

Fan Bingbing had just returned to Shanghai from Qindao. The Oriental Movie Metropolis project had been officially confirmed to be located there. Tianhe Oriental Movie Metropolis Group had already signed a contract with Qindao. As an important figure in Tianhe Film and Television Investment Company, Fan Bingbing also attended the signing ceremony that had just ended.

(End of this chapter)