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European AI investment plans are always so timid. This article mentions a couple of investments on the order of $1.5-2.5 billion USD that their government says
by pu_pe 7mo ago
European AI investment plans are always so timid. This article mentions a couple of investments on the order of $1.5-2.5 billion USD that their government says "would position the UK as a world leader in AI". Hard to imagine you can be a world leader in anything when investing two orders of magnitude less than your competitors.
- m4rtink 7mo agoMaybe this is just what realistic and maybe even sustainable AI investment looks like. Compared to the fever dreams playing out in the US.
- pu_pe 7mo agoOpenAI and Anthropic have ~40 billion yearly revenue already, and growing fast. I don't know if 10x that is the right amount to invest, but I'm pretty sure 0.1x of that is not going to cut it.