• At a TED conference in Vancouver, Demis Hassabis, the CEO of Google DeepMind, hinted at Google's significant investment in artificial intelligence (AI), suggesting that the company will surpass the $100 billion mark in AI development spending. Responding to inquiries about Microsoft Corp. and OpenAI's joint project, "Stargate," which aims to create a $100 billion supercomputer, Hassabis refrained from disclosing Google's exact figures but indicated that their investment exceeds that amount. He underscored Alphabet Inc.'s formidable computing capabilities, positioning Google as a leader in AI research and development.

• Hassabis, who co-founded DeepMind in 2010 before its acquisition by Google, emphasized the critical role of robust computing power in advancing towards artificial general intelligence (AGI), where machines outperform humans across various tasks. He highlighted Google's vast computational resources, emphasizing their partnership with Google since 2014 as pivotal for their AI ambitions. The pursuit of AGI remains a focal point for Google, driving their ongoing investment in AI technology.