Bigger models that RELY ON THE BRUTE FORCE OF computational power are giving way to smaller and more specialised systems.

What does the phrase "ploughed nearly $5bn" mean in the sentence: Venture capitalists and others have ploughed nearly $5bn into AI startups since the start of 2023?

• Made a profit of $5bn.

• Saved $5bn through cost-cutting.

• Lost $5bn in failed AI startups.

• Invested close to $5bn in AI ventures.

According to the article, what does it mean when AI has "hit a roadblock"?

• AI models have reached a limitation or challenge in their development.

• AI systems are being blocked by legal regulations.

• AI researchers have run out of funding.

• AI technology is being phased out in favor of traditional computing.

Their INGENUITY will not just transform AI. It will determine which firms prevail, whether investors win, and which country holds sway over the technology.

Who are the "incumbent" companies referred to in the article?

• New AI startups trying to break into the market.

• Government agencies regulating AI.

• Established companies that are currently dominating the AI industry.

• Companies that have exited the AI sector.

This means that investors are IN FOR A ROCKY (BUMPY) RIDE. Their bets on today’s leaders look less certain.

What does "end up backfiring" mean in the article when discussing America’s attempt to restrain AI’s growth?

• The attempt will be successful in stopping AI development.

• It will unintentionally cause the opposite effect, accelerating AI’s growth elsewhere.

• It will prevent China from catching up in AI technology.

The breakthroughs AI needs will come from giving ideas and talent the space to FLOURISH at home, not trying to shut down rivals abroad