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HomeNewsOpinionHuge AI funding leads to hype and ‘grifting’, warns DeepMind’s Demis Hassabis

Huge AI funding leads to hype and ‘grifting’, warns DeepMind’s Demis Hassabis

British AI pioneer says the billions of dollars being poured into start-ups is obscuring scientific progress in the field

©The Financial Times Limited 2020 Apr 1, 2024 / 01:24 PM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
The launch of OpenAI’s ChatGPT chatbot in November 2022 sparked an investor frenzy as start-ups raced to develop and deploy generative AI and attract venture capital funding
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