Mustafa Suleyman Net Worth – New CEO of Microsoft AI Division

Mustafa Suleyman is a renowned entrepreneur and a prominent figure in the field of artificial intelligence (AI). He has recently been appointed as the CEO of Microsoft’s AI division, a move that has generated significant interest and curiosity in the tech world. Suleyman is also the co-founder of Deepmind, an AI research and development company that was acquired by Google for a whopping £400 million in 2014. 

This article will look into this brilliant entrepreneur’s net worth, education, career, and more. 

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Who is Mustafa Suleyman?

Mustafa Suleyman is a British AI entrepreneur born in August 1984. He is the co-founder and former head of applied AI at DeepMind, an AI company that was acquired by Google in 2014. He currently operates as the CEO of Microsoft’s AI division. Mustafa Suleyman also serves on The Economist’s board of directors and as a Senior Fellow at Harvard Kennedy School’s Belfer Center for Science and International Affairs.

His work in AI has earned him numerous accolades. In 2023, he was named one of the most influential people in AI by Time.

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Mustafa Suleyman’s Net Worth

There is no concrete information on Mustafa Suleyman’s net worth. However, it is safe to say that he has amassed a fortune worth millions through his successful career in the AI industry. DeepMind, the company he co-founded with Demis Hassabis was acquired by Google for 400 million Euros (approximately) and Suleyman’s stake in the company would have contributed to his wealth. He is also the founder of Inflection AI, an AI startup worth $4 billion. 

Additionally, his new role as the CEO of Microsoft’s AI division is likely to come with a substantial salary and compensation package.

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Education

Mustafa Suleyman attended Thornhill Primary School, a state school in Islington. He then went to Queen Elizabeth’s School, a boys’ grammar school in Barnet. He then enrolled in Mansfield College in Oxford. When he was 19 years old, he dropped out of college. 

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Career

Mustafa Suleyman’s career began in 2007 when he co-founded Reos Partners, a global social change consultancy. As a partner, he worked with top clients such as WWF, the UN, the Dutch government, and the WWFN. 

He ventured into the field of AI in 2010. Mustafa Suleyman, along with Demis Hassabis, and Shane Legg co-founded Deepmind Technologies Limited to create an AI general learning system. DeepMind’s mission was to develop AI algorithms and technologies that could solve complex problems and advance scientific discovery. In 2014, DeepMind was acquired by Google, and Suleyman headed the applied AI department. 

Since 2019, he has been serving on the board of directors of The Economist Group. 

After leaving Google in 2022, he co-founded Inflection AI with Reid Hoffman. The startup aims to use AI to help humans communicate with computers. In 2023, it launched a chatbot called “Pi” for Personal Intelligence, which remembers past conversations and becomes familiar with users over time. This startup is now worth over $4 billion. 

Suleyman is currently working as the EVP and CEO of Microsoft’s AI division, which includes copilot and the latest Bing browser integrated with OpenAI’s ChatGPT. 

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Latest Updates

Recently at the Aspen Ideas Festival, Mustafa Suleyman expressed his admiration for Sam Altman, CEO of OpenAI. However, he avoided when asked about any potential for future relationships with OpenAI and discussed the benefits of Microsoft’s present AI status.

Suleyman stated “It is true that we have ferocious competition with them. They are an independent company. We don’t own or control them. We don’t even have any board members. So they do entirely their own thing. But we have a deep partnership. I’m very good friends with Sam, have huge respect trust and faith in what they’ve done. And that’s how it’s going to roll for many, many years to come,” 

In March 2024, Microsoft announced that it is hiring Mustafa Suleyman as the EVP and CEO of the newest division of the company, Microsft AI. 

In a blog post, CEO Satya Nadella wrote, “I’ve known Mustafa for several years and have greatly admired him as a founder of both DeepMind and Inflection and as a visionary, product maker, and builder of pioneering teams that go after bold missions.” 

Suleyman will be joined by many of his employees at Inflection AI. The blog post also stated, “Several members of the Inflection team have chosen to join Mustafa and Karén at Microsoft. They include some of the most accomplished AI engineers, researchers, and builders in the world. They have designed, led, launched, and co-authored many of the most important contributions in advancing AI over the last five years. I am excited for them to contribute their knowledge, talent, and expertise to our consumer AI research and product making,” wrote Nadella. 

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