See also https://gwern.net/doc/reinforcement-learning/deepmind/2019-d...
"As part of a wider group reorganisation, the Company distributed intellectual property assets which had a nil book value to another group undertaking on 31 October 2019."
Honestly, claiming DeepMind is still some scrappy London-based startup is quite unfortunate :/
> so the work is, in practical and legal senses, U.S.-based...
These two statements literally contradict each other in both cases.
I attribute it mostly to a cultural problem and I don't think they can fix their politics from the downward spiral they're on. It's why they have a number that rounds to zero of billion dollar software companies and why all their ambitious people do their best to get to the US.
Since I didn't do that, I'm not sure how that is relevant or productive.
> work is, in practical and legal senses, U.S.-based...
This seems factually false. The work happening there has to comply with UK laws, not US laws and the practical locus of researchers located there provides a pool of talent that makes it a better place to do an AI startup than places that lack it.
The point is that London is enough of a research hub in AI for it to be worth maintaining a significant research presence there and to even make researchers interested in relocating there.
DeepMind is obviously foriegn owned and controlled now, which does limit the UK's ability to exert control of and profit from it. That only makes weakening the institutions they do control, like ATI, more significant.
