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Trying to win the AI war is going to be expensive. Really, really expensive. [Business Insider]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Business Insider
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
His prediction signals just how much money tech giants will have to spend to make AI smarter. Winning the AI wars won't come cheap. Just ask Demis Hassabis. To kick off this year's TED conference , Google's AI boss gave an audience in Vancouver a reality check on Monday by offering his best guess on how much the search giant will spend on developing AI: more than $100 billion. Hassabis, who leads the famed research lab DeepMind within Google, and is arguably the single most important figure at the center of Alphabet's AI plans, shared the astronomical number in response to a question about what the competition was up to. According to a report from The Information last month, Microsoft and OpenAI have been drawing up plans to create a $100 billion supercomputer called "Stargate" containing "millions of specialized server chips" to power the ChatGPT-maker's AI. Naturally, then, when Hassabis was asked about his rivals' rumored supercomputer and its cost, he was quick to note [Read more]
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Stockreport

Trying to win the AI war is going to be expensive. Really, really expensive. [Business Insider]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Business Insider
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
His prediction signals just how much money tech giants will have to spend to make AI smarter. Winning the AI wars won't come cheap. Just ask Demis Hassabis. To kick off this year's TED conference , Google's AI boss gave an audience in Vancouver a reality check on Monday by offering his best guess on how much the search giant will spend on developing AI: more than $100 billion. Hassabis, who leads the famed research lab DeepMind within Google, and is arguably the single most important figure at the center of Alphabet's AI plans, shared the astronomical number in response to a question about what the competition was up to. According to a report from The Information last month, Microsoft and OpenAI have been drawing up plans to create a $100 billion supercomputer called "Stargate" containing "millions of specialized server chips" to power the ChatGPT-maker's AI. Naturally, then, when Hassabis was asked about his rivals' rumored supercomputer and its cost, he was quick to note [Read more]
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GOOG
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%
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LAST PRICE AT
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SINCE EVENT
Multi-day stock performance from the time of the news release
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EVENT DAY
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TIME AND VELOCITY ANALYSIS