Alphabet plans to invest $ 5 billion in artificial intelligence in year 6

Alphabet CEO Sandar Pichai has announced that the company plans to invest at least $ 5 billion in artificial intelligence development in year 6. This amount of investment shows a 5 % growth compared to last year.

Bloomberg had earlier reported that technology companies had invested a total of $ 5 billion in artificial intelligence in the past year. The report said that Alphabet expects its artificial intelligence costs to increase significantly in year 2. In the latest revenue report released by Alphabet, Sandar Pichai confirmed that the technology giant would invest in artificial intelligence to $ 5 billion in year two.

Alphabet increases investment in artificial intelligence by 5 %

Alphabet also expects artificial intelligence to increase the demand for its services instead of being free and threatening its business models. The company points out that thanks to billions of users around the world, it increases with increasing use of artificial intelligence services.

One of the reasons for the increased investment of technology giants on the development of artificial intelligence is the stunning growth of Chinese Dipsic Artificial Intelligence startup. The CEO of Alphabet described the performance of this artificial intelligence as “extraordinary” in a recent financial report, and said that some of the company’s gima models are equally efficient.

Deepsic claims that their artificial intelligence is expanding at a cost far less than Western competitors and can provide users with a level or even higher performance to users. Dip -Sick’s performance has even raised the admiration of Sam Altman, the CEO of Openai.

As Dipsic’s rapid growth, Western technology companies are expanding their investments in artificial intelligence. Mark Zuckerberg, CEO of Meta, and Microsoft CEO Satya Nadella, demanded more investment in artificial intelligence last week.