Artificial Intelligence
Google to spend over $100bn on AI says Deepmind chief executive
Google acquired Deepmind, which was co-founded by Demis Hassabis, for $400m a decade ago
The chief of Google’s AI business said that over time the company will spend more than $100 billion developing artificial intelligence technology — another sign of the investing arms race that has gripped Silicon Valley.
Google DeepMind chief executive Demis Hassabis was asked at a TED conference in Vancouver on Monday about a potential $100 billion supercomputer dubbed “Stargate,” being planned by Microsoft and OpenAI, according to a report in the Information last month.
“We ...
