Google will outpace Microsoft in AI investment, DeepMind CEO says

We have all been guilty of falling under the foundation model spell of the past year-and-a-half, initiated by OpenAI’s unveiling of ChatGPT to the public. But it is not only where large language models (LLMs) such as GPT-4 are concerned that incredible progress has been made in the field of artificial intelligence. And one company has been behind more impressive milestones than most — DeepMind, acquired by Google in 2014 for a reported £400mn to £650mn.  Speaking at the TED 40th anniversary conference in Vancouver, Canada, on Monday, DeepMind’s CEO and head of Google’s entire AI R&D efforts, Demis Hassabis, confirmed…

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