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Demis Hassabis told a Stanford audience that artificial general intelligence is a few years away and will mark a new human era. Alphabet separately announced plans to raise up to $80 billion for AI infrastructure.
Demis Hassabis, CEO of Google DeepMind, said artificial general intelligence is a few years away during a fireside chat at the Stanford Graduate School of Business that was posted on Tuesday. He estimated AGI will arrive around 2030, plus or minus a year. "Maybe 2030, plus or minus a year, which is astounding to think, really.
I think that will be such an enormous transformative technology; it's gonna effectively be a new human era," Hassabis said. He equated the arrival of AGI to the singularity and said it could unlock medical breakthroughs and economic transformation. Hassabis raised the possibility of a post-scarcity world created by AGI.
He also said some of his peers in the industry are being way too certain about their predictions. "Society needs to hear that because we don't have long to prepare for what that means," he said. " Alphabet announced a plan to raise up to $80 billion for artificial-intelligence infrastructure on June 1, 2026.
Reuters reported that Alphabet expected 2026 capital expenditures of $175 billion to $185 billion, roughly double the prior year's level. Business Insider reported the Stanford event and the $80 billion financing plan.
These outlets didn't split into competing frames — coverage was uniform.
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