“The sleeping giant, Google, has woken up” , reported a research company at the end of August.
According to the semiconductor research company, SemiAnalysis, Google’s upcoming generative AI tool has been rated five times more potent than the most advanced GPT-4 models on the market.
The research company also in the report anticipated that Google’s AI tool could be as much as 20 times more powerful than ChatGPT by the conclusion of 2024.
Google seemed to have snoozed out on the AI race as it didn’t appear to be doing much more than watch while other companies like Open AI and Midjourney sped on ahead with their AI tools.
The Center for AI Safety noted that although OpenAI has been ahead of Google “for several years now,” the release of ChatGPT meant Google “significantly increased their AI investments.”
The center attributed Google’s swift takeover to its “tremendous financial resources,” which clearly can not be rivaled by OpenAI’s; the center said, “it’s no surprise that Google can quickly ramp up spending to compete with other leading AI labs.”
SemiAnalysis however thinks d that the internet search giant might not want to make its new Gemini model publicly available to avoid the “neutering of their creativity or existing business model.”
Large language models (LLMs) and generative artificial intelligence have spread so far so rapidly since late 2020. The rate of spread has prompted warnings that the technology could threaten human life.
China has made moves to regulate its AI businesses, while the British government is to host an “AI safety summit” in November at Bletchley Park, the site of its World War II code-breaking operations.
Meanwhile, the United States Senate is preparing to host a series of meetings as part of its “AI Insight Forum”.
According to a report by Axios, the first meeting was scheduled for Sept. 13 with many of the industry’s leaders, including Google chief executive Sundar Pichai, Meta’s Mark Zuckerberg, OpenAI’s Sam Altman, Microsoft’s Satya Nadella, Nvidia’s Jensen Huang and Elon Musk of X.