Google May Invest $100B in AI Development Amidst Competition with Microsoft's 'Stargate' Project
Summary:
Google DeepMind's CEO Demis Hassabis suggested the company might invest over $100 billion into the development of Artificial General Intelligence (AGI). The remarks come amidst reports of Microsoft's partnership with OpenAI for a $100 billion supercomputer project called "Stargate", aiming to train AI systems. Both tech behemoths are competing to pioneer AGI, a type of AI potentially capable of human-like capacities with the correct resources. Despite the lack of consensus on AGI's definition or achievable creation method, the AI and cryptocurrency sectors have seen remarkable financial growth in early 2024.
Google refuses to cower before Microsoft's challenge regarding the artificial intelligence industry. This assertion was voiced by Google DeepMind's CEO, Demis Hassabis, at a recent TED conference in Canada, implying that Google's dedication towards the evolution of artificial general intelligence (AGI) could culminate in an investment exceeding $100 billion. This announcement was in response to Microsoft's recent breakthrough dubbed "Stargate".
It's suggested that Microsoft, in partnership with OpenAI, is considering a $100 billion contribution towards the construction of a supercomputer dedicated to training AI systems. An unnamed individual who has had private conversations with OpenAI CEO Sam Altman revealed that the project, currently known as "Stargate", is underway. Given the mammoth scale of projected costs, a comparison can be made with the $600 million price tag attached to the creation of the potent U.S.-based "Frontier" system. However, unlike Frontier, Stargate aims to establish a string of computers across the U.S in a five-phase plan, culminating in the final "Stargate" system.
The remarks by Hassabis offered no specific details regarding Google's response to this venture. However, it substantiates the belief that Google is abreast with Microsoft's initiatives and plans to make equal or higher investments. Both corporations are engaged in a fierce competition to pioneer the development of AGI, a kind of artificial intelligence that can perform any human action, given the right resources, such as access to credit or an online wallet, and are capable of starting and running a business independently.
AGI's complexity lies in the lack of a universal definition or formally recognized method for its creation. Even renowned AI experts, such as Meta's Yann LeCun and Google's Hassabis, express disagreements on whether the current approach of expanding datasets and training parameters could yield AGI, or even if it's achievable at all. Hassabis mentioned about AI/AGI getting attuned with cryptocurrency market scams in a Financial Times article in March.
Despite the hype circling AI and cryptocurrency, both have made significant strides in their respective sectors in early 2024. Bitcoin, the leading cryptocurrency worldwide, has surged from $30,395 per coin in April 2023 to over $60,000 presently, just slightly dipping from its peak of $73K. In the same timeframe, Microsoft, the current AI industry torchbearer, saw its shares rise from $286 to nearly $416.
Published At
4/16/2024 8:01:01 PM
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