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Google will pump more than $100B into AI, says DeepMind boss

Apr 17, 2024 - theregister.com
Google is planning to invest over $100 billion in AI, according to DeepMind CEO Demis Hassabis. The announcement was made during a TED conference in Vancouver, where Hassabis was asked about the rumored $100 billion Stargate supercomputer being planned by Microsoft and OpenAI. Hassabis did not provide specifics on how or when the investment would be spent, but suggested that Google's processing capabilities surpass those of its competitors.

A significant portion of this budget is expected to be allocated to DeepMind, which focuses on the software aspect of AI. Despite some recent setbacks, DeepMind has made progress in enabling AI to acquire social skills. To support these advancements, Google is adding more compute to its portfolio, including a $1B datacenter in Kansas City.

Key takeaways:

  • Google is predicted to invest over $100 billion in AI, according to DeepMind CEO Demis Hassabis.
  • Some of this budget will likely be allocated to hardware, such as Google's Axion CPUs based on the Arm architecture, which are claimed to be faster and more efficient than competitors' processors.
  • A portion of the budget will also presumably be given to DeepMind, which focuses on the software side of AI.
  • Google is expanding its compute portfolio, as evidenced by its upcoming $1B Kansas City datacenter.
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