Google is set to invest over $100 billion in AI, DeepMind founder says
by TechSpot
TechSpot— According to Demis Hassabis, the child prodigy who founded DeepMind, Google is likely to invest more than $100 billion in AI technology and applications in the near future. DeepMind is a British-American research laboratory that has been working on AI since 2010. Google acquired the company in 2014.Read Entire Article
Tech Times—Microsoft's Strategic $1 Billion Investment in OpenAI to Counter Google's AI Dominance. From the start, Microsoft knew that it was miles better at AI development. To surpass its rival, it partnered with OpenAI for the $1 billion deal.
ETtech.com—Microsoft to invest $1.7 billion in cloud, AI in Indonesia, CEO says. Microsoft will invest $1.7 billion in Indonesia to empower the Southeast Asian country with cloud and artificial intelligence, including by building data centres, visiting chief executive Satya Nadella said in a seminar on Tuesday.
CNBC—Microsoft to invest $1.7 billion into AI infrastructure in Indonesia, CEO Satya Nadella says. The funds will also go toward training 840,000 Indonesians in AI skills and supporting the local community of developers.