DeepMind, a KOSDAQ-listed company, is surging early in the trading session on the 11th. Some investors are mistakenly interpreting news about Google DeepMind's development as good news for the domestic listed company DeepMind, causing its stock price to rise.
As of 10:04 a.m. on that day, DeepMind's stock was trading at 2,260 won, up 75 won (3.43%) from the previous transaction day. During the session, it rose over 15% to 2,530 won, showing strong upward momentum.
On that day, Google announced on its official website that it is conducting an artificial intelligence (AI)-based optimized project for power grid interconnection in collaboration with North American grid operator PJM Interconnection. Google Cloud and DeepMind will also participate in the project.
According to Google, DeepMind is a UK artificial intelligence research corporation under Alphabet that created the Go-playing AI 'AlphaGo' in 2022. It is not related to the Korean corporation DeepMind.