New Delhi, July 27 -- Current Google AI CEO Demis Hassabis is also the co-founder of DeepMind, and he gave an honest account of why he sold DeepMind to Google in 2014. According to a Times of India report, Hassabis said it was pure arithmetic rather than grand strategy.

He figured that it would take roughly $7 billion to keep up with the global tech giants. Unable to scrape through rounds of, in his words, "barely $10 million at the time", he was left severely behind the required $7 billion investment.

According to him, the trigger that forced tech giants to take notice was DeepMind's agents learning how to play classic Atari arcade games without any explanation of the rules or instructions. This, described by Hassabis as a "research re...