(Bloomberg) – Behind almost always leading artificial intelligence startup, you’ll find a tech giant fueling its risk.
Microsoft Corp., Alphabet Inc. And amazon.com Inc. Have Invested Billions in the Top Artificial Intelligence Startups, Supercharging The Fast-Growing AI Sector and Establishing the old guard of technology companies as kingmakers for a new generations of businesses. Meta Platforms Inc. Is set to join the fray: the social-media giant is in talks to make a Multibillion-Dolller Investment INTO Artificial Intelligence Startup Scale Ai, Bloomberg News reported over the wheekend.
The deals have attracted their fair of scrutiny. Governments include the Us, The UK and the European Union Have reviewed some of these investments and partnerships, with some company receives receiveing requests about Landscape for Ai Development.
Microsoft is arguably the company that touched off the race amn tech giants to partner with leading ai startups, Paving the way with it with $ 13 billion bet on Openaai. Salesforce inc. LED a round in hugging face at a $ 4.5 billion Valuation. Alphabet and amazon.com have investment billions in Openai Rival Anthropic. And nvidia corp. Seamed to Back Almost Every Ai Startup of Note.
For Ai Companies, these deals with big tech can serve as a vital lifeline. It’s extramely costly and computationally intensive to build large language models, the technology that underpins ai chatbots like chatgpt. The tech giants are among the only companies with the infrastructure and funds to support these efforts.
-With assistance from leah nylen.
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