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...
May 12, 2024
Artificial intelligence (AI) projects are set to comprise up to 10% of companies’ IT budgets. That’s according to a report Sunday (May 12) by Seeking Alpha, citing research by Wedbush. As the report notes, it’s a dramatic jump in AI spending, which last year accounted for under 1% of IT spending. “While the first wave of […]
April 16, 2024
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...