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.
ChatGPT Creator Opposes Regulation: OpenAI Concerns Discussed
Date:
Frequently Asked Questions (FAQs) Related to the Above News
Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.
More like thisRelated
Billionaires Sell Nvidia, Invest in Undervalued ETFs Instead
Discover why billionaires are selling Nvidia and investing in undervalued ETFs for diversification and potential upside in the market.
Vietnamese PM Chinh Begins Official Visit to South Korea, Focus on Economic Cooperation and Partnerships
Vietnamese PM Chinh visits South Korea to boost economic ties and partnerships, marking historic visit between two nations.
Figma Unveils AI-Powered Features at 2024 Conference
Discover the latest AI-powered features unveiled by Figma at the 2024 conference, promising enhanced user efficiency and creativity.
LG Electronics Adopts Human Rights Principles to Combat Violations
LG Electronics implements human rights principles to prevent violations, upholding ethical standards and promoting social responsibility.