Re:AI solves IMO problems at silver medal level
by utopcell on Thursday July 25, 2024 @07:23PM
(#41074491)
> Most of DeepMind’s research is a cost-centre for the company.
The effect of establishing oneself as the thought leader in a field is enormous.
For example, IBM's stock went up 15% the month after they beat Kasparov.
Re:AI solves IMO problems at silver medal level
by mensetmanusman on Friday July 26, 2024 @02:22PM
(#41080927)
Cost centers are profit centers when R&D is successful.
Most of DeepMind’s research is a cost-centre for the company. These press releases help justify the continued investment both to investors and to the wider public.