added by Jessica Ryan · updated 2y ago
The Secret Auction that Set Off the Race for AI Supremacy
- Continued hype is necessary for the industry, because so much money flowing in essentially allows the big players, like OpenAI, to operate free of economic worry and considerations. The money involved is staggering—Anthropic announced they would compete with OpenAI and raised 2 billion dollars to train their next-gen model, a European counterpart j... See more
andrea added
Of the Chinese giants, Baidu went into deep-learning research earliest—even trying to acquire Geoffrey Hinton’s startup in 2013 before being outbid by Google—and scored a major coup in 2014 when it recruited Andrew Ng to head up its Silicon Valley AI Lab. Within a year, that hire was showing outstanding results. By 2015, Baidu’s AI algorithms had e
... See morefrom AI Superpowers: China, Silicon Valley, and the New World Order by Kai-Fu Lee