Google DeepMind — Internal Revenue: $2B
1 → confirmed
Our claim
entire record- Subject
- Google DeepMind
- Property
- Internal Revenue
- Value
- $2B
- As Of
- 2023
- Notes
- DeepMind Technologies Ltd UK filing: turnover of GBP1,527M (~$1.96B) for 2023. Represents R&D remuneration from other Alphabet group undertakings, not external commercial revenue. Moved from 'revenue' to 'internal-revenue'.
Source evidence
1 src · 1 checkNoteThe source document is the official UK Companies House filing for DeepMind Technologies Limited for the year ended 31 December 2023. The claim states internal revenue of $1,960,000,000 (exact stored value) or ~$1.96B, with the additional context noting this is GBP1,527M (~$1.96B). The source explicitly states 'Turnover...increased from £1,081 million to £1,527 million in the year' and clarifies that 'Turnover represents research and development remuneration from other group undertakings' (i.e., internal revenue, not external commercial revenue). The conversion from GBP1,527M to approximately $1.96B is consistent with 2023 exchange rates (approximately 1.28 USD/GBP). The claim's characterization of this as 'internal revenue' rather than external commercial revenue is explicitly supported by the source document's repeated clarification that this is R&D remuneration from other Alphabet group undertakings.