Are they building an A.I. system as smart as humans? A godlike machine that will change the world if it doesn’t destroy humanity first? Are they working on fancier versions of software they have been selling for decades? Is all this money going into a bold plan to create fake online friends and more effective ads? Or are they just afraid of missing out on what everyone else is doing?
Amazon, Microsoft, Google, Meta and OpenAI plan to spend at least $325 billion by the end of the year in pursuit of A.I. We explain why they’re doing it.