Did DeepSeek’s AI model really cost just under $6 million to develop? Demis Hassabis, Google’s artificial intelligence (AI) chief, says he isn’t so sure, Bloomberg News reported Monday...
America’s tech giants could reportedly spend more than $320 billion on artificial intelligence (AI) this year. AI investments by the four biggest tech firms —...
Chinese AI startup DeepSeek’s deeply discounted foundation models could herald lower prices for businesses seeking to adopt AI — by removing one of the biggest...
Shares of Nvidia, the darling stock of the generative AI boom, are down 15.3% in midday trading on Monday (Jan. 27) as Wall Street grapples...
Two years into the generative artificial intelligence (AI) boom, CEOs and chief information officers are looking to focus on the use cases that deliver the...
Enterprise spending on generative artificial intelligence (AI) increased sixfold in 2024 as businesses began implementing the technology after first experimenting with it. This spending reached...
KPMG will spend $100 million over the next four years on its enterprise AI services. It’s part of an artificial intelligence (AI) partnership between the professional...
Artificial intelligence (AI) projects are set to comprise up to 10% of companies’ IT budgets. That’s according to a report Sunday (May 12) by Seeking...
Google’s top AI executive says the company’s spending on the technology will surpass $100 billion. While speaking Monday (April 15) at a TED Conference in...