Sundar Pichai is ‘very excited’ about Google Cloud’s OpenAI partnership

In a recent earnings call, Sundar Pichai, the CEO of Google, expressed his excitement about the company's partnership with OpenAI, a leading artificial intelligence research company. This announcement comes amid growing concerns from analysts about the potential impact of AI on Google's core search business and the company's increased capital expenditure to stay competitive in the AI race. Pichai's remarks suggest that Google is actively investing in and collaborating with prominent AI players to maintain its position in the rapidly evolving technology landscape. The partnership with OpenAI is seen as a strategic move by Google to leverage the expertise and innovations of a leading AI research organization. The additional $10 billion in capital expenditures this year indicates Google's commitment to strengthening its AI capabilities and infrastructure, as it seeks to stay ahead of the curve in this critical and rapidly advancing field.