Google to Invest Over $100 Billion in AI, DeepMind CEO Reveals

The significant investment aims to position Google as a leader in artificial intelligence, outpacing rivals like Microsoft and OpenAI.

DeepMind CEO Demis Hassabis announced at a TED conference that Google plans to invest more than $100 billion in AI development.
The investment is part of Google's strategy to lead in the creation of artificial general intelligence, surpassing human cognitive abilities.
Google's spending will focus heavily on hardware, including its own Axion CPUs, to enhance computing power for AI research.
The escalating costs reflect the intense competition and high stakes in the AI sector, with significant investments in training and hardware.
Google's commitment includes efforts to ensure AI safety and avoid a 'runaway race dynamic' in the race towards advanced AI technologies.