The results achieved by the newly invented algorithms have recently started to make their way to industry at incredible speed. For instance, a professor from the University of Toronto, Geoffrey Hinton, won ImageNet in 2012, and in March 2013, his neural network start-up was acquired by Google. Within three months, Google made the algorithm’s results available in its social network Google+.
This was repeated the next year. New York University professor Yann LeCun won ImageNet 2013. December of that year, LeCun was made director of a new research laboratory at Facebook through an “aqui-hire,” with the goal of bringing about major advances in Facebook’s artificial intelligence.