Silicon Republic April 16, 2024
The latest Stanford AI Index suggests the cost of training advanced AI models has surged, generative AI investment has skyrocketed and industry continues to dominate AI development.
AI continues to be the big buzzword in the tech sector, with industry focus – and industry costs – growing as a result.
That’s according to the AI Index – an independent initiative at Stanford University – which has compiled its annual report on global AI developments. This is the initiative’s seventh edition of this index and includes a broader overview of the sector – as “AI’s influence on society has never been more pronounced”.
The report claims that global private investment in AI decreased for its second consecutive year, but that investment...
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