AI
The AI frenzy is escalating. Again.
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Silicon Valley’s artificial intelligence frenzy has found a new gear.
Two and a half years after OpenAI set off the artificial intelligence race with the release of the chatbot ChatGPT, tech companies are accelerating their AI spending, pumping hundreds of billions of dollars into their frantic effort to create systems that can mimic or even exceed the abilities of the human brain.
The tech industry’s giants are building data centres that can cost more than $100 billion and will consume more electricity than 1 million American homes. Salaries for AI…
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