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Google will outpace Microsoft in AI investment, DeepMind CEO says

April 17, 2024
in Technology
Google will outpace Microsoft in AI investment, DeepMind CEO says
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We have all been guilty of falling under the foundation model spell of the past year-and-a-half, initiated by OpenAI’s unveiling of ChatGPT to the public.

But it is not only where large language models (LLMs) such as GPT-4 are concerned that incredible progress has been made in the field of artificial intelligence. And one company has been behind more impressive milestones than most — DeepMind, acquired by Google in 2014 for a reported £400mn to £650mn. 

Speaking at the TED 40th anniversary conference in Vancouver, Canada, on Monday, DeepMind’s CEO and head of Google’s entire AI R&D efforts, Demis Hassabis, confirmed that Google has no intention of slowing down investment in the technology. Quite the opposite. 

While Hassabis said Google does not talk about specific numbers, the company will surpass the $100 billion that Microsoft and OpenAI plan to invest in their “Stargate” AI supercomputer over the coming years.

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