AI gold rush continues as Microsoft invests $1.5B in UAE's G42

is intended to deliver AI solutions using Azure across the Middle East, Central Asia, and Africa. According to Microsoft, the agreement is backed by assurances to the US and UAE governments that best practices will be used to"ensure the secure, trusted, and responsible development and deployment of AI."

The pace of expansion and the sums involved threaten to overwhelm efforts by lawmakers to regulate the technology. The European Parliament enacted the world's firstdesigned specifically to address the risk of artificial intelligence earlier this year, and governments including the US and UK administration are also taking a keen interest.over the alleged use of copyrighted works to train chatbots have done little to slow the rate at which dollars are being pumped into the technology.

The remrk from Hassabis was in response to a question at a TED conference in Vancouver regarding Microsoft and OpenAI's, the cost of the Stargate project could hit $100 billion. Hassabis said that Google intends to invest more over time. Microsoft's investment and Google's response to the Stargate project indicates that although some authorities might wring their hands over ethics and safety, as long as the dollars keep flowing, the growth of AIinterviewMicrosoft warns that China is using AI to stir the pot ahead of US election

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OpenAI in Talks with Microsoft for $100 Billion SupercomputerOpenAI is reportedly discussing with Microsoft the construction of a massive supercomputer called Stargate, equipped with millions of AI accelerators. The project, estimated to cost up to $100 billion, is being considered for financing by Microsoft and is expected to be ready by 2028. The supercomputer's machine-learning accelerators, which can be quite expensive, are crucial for Microsoft's AI products that rely on OpenAI's models. Microsoft's partnership with OpenAI includes significant investments in infrastructure to maintain its position as the exclusive cloud provider for OpenAI.
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