The competition between technology giants for progress in artificial intelligence is increasing, and Google plans to have a stronger presence in the field. The company has announced that it will allocate $ 5 billion in the development of its artificial intelligence technologies in the past year.
Google has always allocated huge budgets to this area, but this dramatic increase reflects the company’s special focus on developing more advanced capabilities of artificial intelligence. According to Financial Report Year 2, Google has confirmed that “approximately $ 5 billion” will cost research and innovation in the sector.
For comparison, the company’s investment in the year was about $ 1.5 billion, indicating a growth of more than two times in Google’s artificial intelligence programs.
Google has not yet released detailed details on how to allocate $ 5 billion in artificial intelligence, but analysts believe that the amount will mainly be spent on increasing servers capacity, developing new infrastructure and improving existing artificial intelligence technologies. In addition, part of this capital is likely to be spent on designing and implementing innovative features of artificial intelligence.
Google’s CEO Sandar Pichai said in an interview with investors that the company has great ideas for advertising in Jena. He also confirmed that Google plans to introduce new features for artificial intelligence search throughout the year, which could enhance users’ experience to a completely new level.
Artificial intelligence is still one of Google’s main revenue engines. According to a recent financial report, the company’s annual revenue has increased by 5 % to $ 1.5 billion. Meanwhile, Google Cloud also rose 5 percent to $ 5 billion, which was formed due to the increase in artificial intelligence infrastructure and productive artificial intelligence solutions on Google Claude.
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