Here are four things to know about the costs associated with Google’s AI research arm, DeepMind.
1. DeepMind lost $162 million (£123.5 million) last year, according to information filed with the U.K. government.
2. That year, the company generated $52.7 million (£40.2 million) in revenue.
3. It also faced a $53.6 million (£41.1 million) management service fee that covered costs like real estate and maintenance of its computers.
4. DeepMind incurred $137 million (£104.7 million) for expenses related to staffing — this is more than double its staffing expenses in 2015.
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