The Billion-Dollar Price Tag of Building AI
Briefly

Dario Amodei predicts that the cost to develop the next-gen AI systems to be released this year will be $1B, with the following generation likely costing $10B.
Microsoft and OpenAI plan to construct a $100B supercomputer for AI models, while Google DeepMind will increase investments over time, reflecting the high costs.
Epoch AI researchers found that training the most advanced AI systems costs are increasing due to computational power usage and employee compensation, putting billion-dollar costs by 2027.
The rising AI system development costs may lead to only well-funded companies competing, reinforcing the dominance of already powerful firms, as per Ben Cottier from Epoch AI.
Read at time.com
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