US government announces first CHIPS Act research and development beneficiaries — $300 million awarded to three R&D facilities Tech News Eulis July 13, 2024 The U.S. CHIPS and Science Act budgets up to $11 billion for R&D and will soon award the first $300 million for three facilities. Go to Source Author:
Former Tesla AI Director reproduces GPT-2 in 24 hours for only $672 — GPT-4 costs $100 million to train
Goldman Sachs says AI is too expensive and unreliable — firm asks if ‘overhyped’ AI processing will ever pay off massive investments