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The people who built Britain’s companies · November 2026

Artificial intelligence research

Google DeepMind

DeepMind combined neuroscience-inspired learning with game-playing AI and later AlphaFold, which predicts protein structures.

Demis Hassabis
Demis Hassabis. Photograph: John Sears, CC BY-SA 4.0, via Wikimedia Commons

The first computer Demis Hassabis ever owned was paid for with a chessboard. In 1984, aged about eight, he bought a ZX Spectrum 48K with his tournament winnings.

He was born in London in 1976 and grew up in the north of the city, the son of a Greek Cypriot father and a Chinese Singaporean mother. The family name had been spelled Hassapis before he changed it to Hassabis. Chess came first. By thirteen he was a master with a rating of 2300 and captaining English junior teams.

What almost nobody pictures when they see him on a Nobel stage is a teenager in a games studio.

The Spectrum arrived and the board lost some of its hold. He taught himself to program from books and later wrote a Reversi-playing program on an Amiga, his first taste of making a machine decide.

What almost nobody pictures when they see him on a Nobel stage is a teenager in a games studio. After winning a magazine competition he joined Bullfrog Productions and, at 17, co-designed and lead-programmed Theme Park with Peter Molyneux. He is reported to have turned down a seven-figure offer around then, and went to Cambridge to study computer science, graduating in 1997 with a double first.

Games still pulled at him. He worked on Black & White at Lionhead, then in 1998 started his own studio, Elixir. It closed in 2005. A founder who has watched a company he built fold is not the same founder as one who has only risen.

He went back to school, this time for neuroscience. At UCL he took a PhD under Eleanor Maguire, studying memory and imagination, the machinery he wanted AI to borrow from. In 2010 he co-founded DeepMind with Shane Legg and Mustafa Suleyman, and in 2014 Google bought it for around GBP 400m.

The payoff came on a different scale. AlphaFold, the system for predicting protein structures, brought him a share of the 2024 Nobel Prize in Chemistry, with John Jumper, and a knighthood in the same year.

The quiet lesson is how little of the arc was a straight line. A boy with a chessboard, a teenage game designer, a founder whose first company closed, a neuroscience student. DeepMind drew on all of them, and none of it looked like preparation at the time.

The Chronology year by year

  1. 2010
    • founded in London
  2. 2014
    • Google acquires for about GBP 400m
  3. 2023
    • merged with Google Brain
  4. 2024
    • Hassabis shares Nobel Prize in Chemistry for AlphaFold and is knighted

The Money Trail how it was funded

  1. 2010 founded
  2. early venture funding
  3. 2014 acquired by Google for about GBP 400m

Principal backers: Acquired by Google (now Alphabet), 2014

The Close Calls what nearly broke it

  • 2005: Hassabis's earlier games studio Elixir closed; ongoing: operating inside a larger company, competition from OpenAI and others

In Their Own Words from the record

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