DeepMind, likely the world’s largest research-focused artificial intelligence operation, is losing a lot of money fast, more than $1 billion in the past three years. DeepMind also has more than $1 billion in debt due in the next 12 months.
Does this mean that AI is falling apart?
Not at all. Research costs money, and DeepMind is doing more research every year.
https://www.wired.com/story/deepminds-losses-future-artificial-intelligence/
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