Microsoft AI CEO Mustafa Suleyman says: It is going to cost hundreds of billions of dollars to compete in AI over next 5-10 years; not to mention prices that we are paying for … – The Times of India

Microsoft AI CEO Mustafa Suleyman has warned companies of the high investments they face to lead the artificial intelligence (AI) race. He claimed that competing at the top level of AI will require an investment of “hundreds of billions of dollars” over the next five to ten years, including costs for infrastructure, hardware, and specialised talent. Speaking on the Moonshots with Peter Diamandis podcast, Suleyman emphasised that the massive capital required for these components gives large, established corporations a distinct structural advantage.Suleyman highlighted that the financial burden extends beyond hardware to the fierce competition for human…