The CEO of DeepMind announced that Google plans to invest up to $100 billion in AI to strengthen its competitiveness against Microsoft and OpenAI. The investment is to be used to buy cutting-edge hardware and train AI on real data.
Reasons:
- Competition: Microsoft and OpenAI are building the “Stargate” supercomputer for AI development.
- Computing power: Advanced AI systems require high performance.
- Cost: Hardware and training on real data is very expensive.
Implications:
- Faster development of AI technologies at Google.
- Intensifying competition in AI.
- Increasing financial demands on AI development.
Src: inc.com
April 2024