Data Science Investment Counter —Funding raised by UK data science companies in 2018.
£ 5.640 Million

Alphabet Acquires Data Science Platform Kaggle for Undisclosed Amount

Alphabet confirmed that it has acquired Kaggle, an online community for data scientists and machine learning researchers.

Following rumour about the deal earlier this week, the Mountain View-based tech giant has eventually confirmed the acquisition—although it has so far declined to disclose the financial details of the transaction.

Founded in 2010, Kaggle can boast over half a million of data scientists using its platform , and it regularly hosts competitions on data science and machine learning.

A few of the more recent competitions have actually been organised jointly with Alphabet: in early March, Kaggle hosted a machine learning contest around classifying YouTube videos, for a $100,000 prize.

It is easy to see why self-styled “AI-first company” Alphabet would want to snap up Kaggle and get access to what is probably the biggest and most relevant data science community on the Web.

That is why it is expected that Alphabet will keep running the platform after the acquisition— as a separate entity within Alphabet’s cloud computing and development service Google Cloud.

“Kaggle Kernels will continue to support a diverse ecosystem of machine learning libraries and packages supported by Google as well as those outside of Google’s toolkit,” Kaggle CEO Anthony Goldbloom wrote in a blog post commenting the deal.

“Making Google Cloud technology available to our community will allow us to offer access to powerful infrastructure, scalable training and deployment services and the ability to store and query large data sets.”

Image via bit.ly/2m5UdJg

 

 

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