ChatGPT Creator Opposes Regulation: OpenAI Concerns Discussed

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OpenAI, the artificial intelligence company behind ChatGPT, is against the regulation of smaller startups in the industry, according to CEO Sam Altman. Speaking at an event held by the Economic Times in New Delhi, Altman stated that the company has specifically called for regulation on themselves and larger companies. OpenAI has raised $10 billion from Microsoft at a current valuation of approximately $30 billion as it focuses on enhancing its computing capacity. Altman is currently touring the world, meeting with various heads of state. The company’s stance prioritises the need for self-regulation and focuses on companies with greater capabilities in the field of AI.

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