Demis Hassabis Net Worth – Co-founder and CEO of Google Deepmind

Demis Hassabis, born on July 27, 1976, in North London, is the co-founder and Chief Executive Officer (CEO) of Deepmind.

Demis Hassabis, born on July 27, 1976, in North London, is the founder and Chief Executive Officer (CEO) of Deepmind. He is a living legend in the fields of computer science, artificial intelligence, and entrepreneurship.

Hassabis is also known to the world as the “Smartest CEO in the World.” A report by Preply, based on an “in-depth analysis of the transcripts from public appearances by various chief executives, with each transcript scored out of a possible 100 points,” ranked him ahead of executives such as Elon Musk and Mark Zuckerberg. He scored an impressive 87.33 points out of 100.

Julie Terese Sweet Net Worth, Income, Assets, and More

Education

Hassabis’s journey begins in North London, where he was born to a Greek Cypriot father and a Chinese Singaporean mother. He was a child prodigy in chess from the age of 4, captained England’s junior chess teams, and reached master standard by 13. Later, Hassabis went to Queen Elizabeth’s School in Barnet and was also homeschooled.

He then enrolled in Christ’s College, Finchley, where he completed A-levels and scholarship exams at the age of 15–16.

Tim Cook Net Worth: CEO of Apple Inc.

Career

His journey into the world of computing began when he bought his first computer, a ZX Spectrum 48K. When he was 17, he joined Bullfrog Productions and co-designed the groundbreaking simulation game, “Theme Park,” which turned out to be a massive success.

After that, he left Bullfrog. The game’s success funded his university education at Queens’ College, Cambridge, where he graduated with a Double First in Computer Science in 1997.

Post graduation, he joined as the lead AI programmer at Lionhead Studios, working on the 2001 game “Black & White.” In 1998, he founded Elixir Studios, where he navigated the gaming industry and later transitioned to academia, obtaining a PhD in cognitive neuroscience from University College London (UCL) in 2009.

In 2010, Hassabis, Shane Legg, and Mustafa Suleyman, co-founded DeepMind, a startup aiming to “solve intelligence” through AI. Some of its most significant breakthroughs include Deepmind AlphaGo’s win over world champion Lee Sedol, advancements in AI safety, and groundbreaking work in protein folding.

Josh Miller Net Worth: The Browser Company CEO

In 2014, tech giant Google acquired DeepMind for $650 million (£400 million). He is recognized as one of the smartest CEOs globally and has received numerous accolades, including the Breakthrough Prize and a CBE in 2017.

The company’s combined AI lab, Google DeepMind, led by Hassbis, has rolled out OpenAI’s GPT-4 actual competitor, Gemini Ultra in February 2024.

Geoffrey Hinton Net Worth, Income, and Assets

Demis Hassabis Net Worth

Demis Hassabis’s net worth as of 2024 is expected to be $5 million. In 2023, he was ranked among the 100 most influential people in AI by the Times.

His contributions extend beyond technology, advocating for responsible AI development. In 2023, he emphasized the need for global collaboration to mitigate AI-related risks.

Latest Updates

Demis Hassabis, CEO and Co-founder of Google DeepMind has been awarded the 2024 Nobel Prize in Chemistry for his pioneering work on AlphaFold, an artificial intelligence (AI) system capable of predicting the 3D structures of proteins with unprecedented accuracy. Alongside John Jumper and David Baker, Hassabis has revolutionized protein science, offering a solution to a problem that has challenged scientists for decades.

AlphaFold’s groundbreaking AI model accurately predicts how proteins fold based on their amino acid sequences, a process that was once laborious and time-consuming. This technological advancement is freely accessible and is being utilized by over two million researchers worldwide, accelerating discoveries in fields ranging from drug development to fundamental biological research.

Hassabis’s vision for AI extends beyond AlphaFold, as he believes AI will transform numerous scientific disciplines by solving complex problems. His work has been cited extensively, highlighting AI’s potential to drive unprecedented progress in both science and medicine. Reflecting on his Nobel Prize, Hassabis emphasized the vast potential of AI to improve lives and contribute to future scientific discoveries, showcasing how technology can serve humanity by addressing critical challenges in research and beyond.

How much did Google pay for DeepMind?

In 2014, tech giant Google announced that it has acquired an AI startup called Deepmind. Google paid $650 million for Deepmind’s acquisition.

Who is the owner of DeepMind?

Deepmind was co-founded by Demis Hassabis, Shane Legg, and Mustafa Suleyman in 2010. Hassabis is the current CEO of the company.

hat is Demis Hassabis doing now?

Hassabis and his team at Google Deepmind have unveiled Gemini and Gemini Ultra, a superior version of Google Bard. Gemini can rival OpenAI’s GPT model and in some aspects, it is performing better than its competitor.

This post was last modified on October 11, 2024 12:31 am

Raya

Raya is a tech enthusiast diving deep into New-Age technology, especially Artificial Intelligence (AI) and Machine Learning (ML). She is passionate about decoding the complexities and uses of new-age tech. Raya is on a mission to write articles that bridge the gap between technical jargon and everyday understanding, making AI and ML accessible to a wider audience.