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Re:Google DeepMind by tempusalaria on Thursday April 20, 2023 @02:10PM (#35643886)
In 2021 Deepmind generated $2bln in revenue.

This was paid by Google for unspecified research services. But the way it’s accounted for it’s likely that it was based on some legitimate contribution. It is unlikely it would be structured this way if it was just corporate support.

DeepMind has public financial filings and you can go read the exact language they use to describe the revenue they generate.

Re:Google DeepMind by jstx1 on Thursday April 20, 2023 @02:22PM (#35644059)
It's like bragging about earning a good salary and then it turns out that you work for your dad.
Re:Google DeepMind by dougmwne on Thursday April 20, 2023 @02:16PM (#35643977)
Sounds like corporate funny money to me, not real revenue.
Re:Google DeepMind by tempusalaria on Thursday April 20, 2023 @02:21PM (#35644044)
If it was, it probably wouldn’t be accounted for in taxable fashion as it is today.

DeepMind is profitable and paying tax on that profit. It’s public information that you can see in its UK regulatory filings.

Re:Google DeepMind by dougmwne on Thursday April 20, 2023 @02:48PM (#35644426)
Fair point. I didn't realize it was taxable as I am used to only profits being taxed and assumed Deepmind is run at a loss.