Bloomberg Tech Paris Looks to the Future of AI, DOGE Sniffs Out Treasury 'Irregularities'
Feb 10, 2025
Global leaders converge in Paris to discuss transformative AI initiatives, with President Macron pledging $113 billion for innovation. Meanwhile, questions swirl around Dogecoin as Trump hints at Treasury anomalies. China's BYD leads the charge in electric vehicles, integrating advanced driver-assistance technology. The podcast also dives into Europe's regulatory plans for AI, contrasting them with U.S. approaches, and touches on AI's influence on telecommunications and energy demands for sustainable growth.
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France's AI Investment
- France is injecting $113B into AI projects, partly in response to initiatives like Stargate and China's advancements.
- This investment aims to close the gap and position Europe as a key player in the AI race.
DeepSeek's Development Cost
- Google's DeepMind head, Demis Hassabis, questions DeepSeek's claim of spending under $6M on its AI system development.
- Hassabis acknowledges the model's impressiveness but finds certain claims exaggerated.
AI Investment Strategy
- Tech companies currently have the revenue to support large AI investments.
- Focus on the long-term return on investment as the debate evolves.