DeepMind Head: Google AI Spending Could Exceed $100 Billion

Google’s top AI executive says the company’s spending on the technology will surpass $100 billion.While speaking Monday (April 15) at a TED Conference in Vancouver, DeepMind CEO Demis Hassabis was asked about recent reports of Microsoft and OpenAI’s planned artificial intelligence (AI) supercomputer known as “Stargate,” said to cost $100 billion.“We don’t talk about our specific numbers, but I think we’re investing more than that over time,” said Hassabis, whose comments were reported by Bloomberg News. Has ...