Yao Shunyu Denies Leaving Google DeepMind for Two Billion Dollar Startup

Google DeepMind researcher Yao Shunyu denied reports on November 2 that he is leaving the company to launch an artificial intelligence startup. According to BigGo Finance, rumors had circulated through venture capital circles stating that the Chinese scientist was founding a new venture. [1]

BigGo Finance reported that earlier market rumors pointed to Yao creating a firm focused on recursive self-improvement technology. The initial reports claimed that the co-founding team for the prospective company was already largely assembled. [1]

Yao clarified his employment status during an interview with Chinese media. BigGo Finance reported that Yao confirmed he has not founded a company, remains a Google DeepMind employee, and does not know the origin of the false information. [1]

In separate financial coverage, The Motley Fool reported that Google parent company Alphabet recently reached a major milestone, despite a previous single session loss of 482 billion dollars. [2]