OpenAI, a ChatGPT maker, might pull out from the European Union if its potential upcoming artificial intelligence (AI) regulations are deemed to be too overbearing to comply with. This was the concern raised by OpenAI CEO Sam Altman in an event held in London earlier this week.
The European Union is currently working on what could be the first set of global rules and regulations to govern AI. As part of this new framework, companies using generative AI technologies, such as ChatGPT, must disclose their usage of copyrighted materials in developing their systems. Altman expressed his hope in the continued negotiation of the draft of the EU AI Act, as they believed the proposed regulations could be narrowed down.
OpenAI, founded in 2015 with its headquarters located in San Francisco, is an artificial intelligence research laboratory. The company aims to develop advanced technologies that are beneficial, useful, and safe for the world. The company is backed by tech giants Microsoft and Amazon, and is owned by a number of tech companies and private investors.
Sam Altman is a business leader, entrepreneur, and investor who serves as the OpenAI CEO and is a key decision-maker when it comes to the company’s operations and future. Before joining OpenAI, Altman co-founded the startup incubator Y Combinator and acted as its president. He also acted as the CEO of the online education provider, Kwok College. Altman holds a B.S. from Stanford University.
