Head of DeepMind States Google AI Spending Could Exceed $100B

At the TED Conference in Vancouver on Monday, Demis Hassabis, CEO of DeepMind, hinted that Google’s investment in artificial intelligence might exceed the whopping $100 billion mark. This comes in response to recent buzz around Microsoft and OpenAI’s ambitious “Stargate” AI supercomputer project, also projected at $100 billion.

According to Hassabis, who was quoted by Bloomberg News, Google is not only committed to substantial financial outlays in AI but also leads in computational resources. “We don’t …

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