Filing: Alphabet-owned DeepMind cut expenses related to employees by to £595M in 2022, down 39% from £969M in 2021, as revenue fell 21% YoY (Thomas Seal/Bloomberg)

Filing: Alphabet-owned DeepMind cut expenses related to employees by to £595M in 2022, down 39% from £969M in 2021, as revenue fell 21% YoY (Thomas Seal/Bloomberg)

Thomas Seal / Bloomberg:
Filing: Alphabet-owned DeepMind cut expenses related to employees by to £595M in 2022, down 39% from £969M in 2021, as revenue fell 21% YoY  —  – Alphabet-owned AI research unit saw revenues fall in 2022  — London-based DeepMind slashed staff costs 39% in the period