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AIThe Next Webabout 3 hours ago
DeepMind exec: AI spend bets on self-improving machinesJasjeet Sekhon, DeepMind's chief strategy officer, said at UC Berkeley that trillion-dollar AI spending bets on recursive self-improvement, machines that rewrite and upgrade themselves. Sekhon admitted AI revenues don't sustain current capital expenditures. Alphabet spent $44.9bn on capital projects in one quarter and posted negative free cash flow of about $5.9bn.
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