Google has been actively expanding its investments into AI and machine learning, becoming a leader in this rapidly evolving space. Here are 5 interesting stats that demonstrate where Google is heading with its AI plans.
-
Google has committed over $30 billion to AI research, development and innovation projects since 2006. This includes Google Brain, the largest research lab for AI and machine learning in the world. It also includes multiple acquisitions related to AI and machine learning, such as DeepMind Technologies, assisting Google in taking its capabilities to the next level.
-
Google has thoughtfully chosen which areas of AI to invest in, as evidenced by the development of products such as Google Duplex and its current WaveNet technology. Duplex is an impressive AI assistant designed to handle complex conversations, while WaveNet is used to create more natural-sounding voices in Google products.
-
Google’s AI strategy extends far beyond just consumer market products. In 2018, Google Cloud was named a leader in Gartner’s Magic Quadrant for cloud AI platforms, which is a strong testament to the progress the company has made in the realm of AI.
-
Google’s AI team is quickly growing as they continue to recruit leading academics and industry leaders in the space. In 2017, the company hired the ex-chief executive of artificial intelligence firm Geometric Intelligence, as part of their long-term strategy to build their presence in AI.
-
According to a Gartner report, Google’s AI efforts are set to reach an estimated $10 billion by 2020. This includes the acquisition of companies as mentioned earlier as well as products such as Google Home and Google Assistant, affirming Google’s status as a leader in artificial intelligence.
These five stats provide a strong indication of Google’s strategy and commitment to AI and machine learning. Google’s investment is not just about developing new products and services, but it’s also about creating a path to the future. As AI continues to progress, Google is paving the way and setting the benchmark for the rest of the world.