OpenAI CEO Details Plans to Comply with EU Regulation

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OpenAI’s CEO, Sam Altman, recently stated that he plans to follow EU regulations concerning artificial intelligence (AI). This comes at a time when lawmakers in Europe are debating how to regulate the use of AI. Altman, who spoke during a conference in Washington, expressed worries about the potential for AI to cause harm.

The European Union’s AI Act is set to become the world’s first comprehensive legislation to regulate AI. Initially, the legislation mainly focused on the application, but has since amended to include specific rules focused on larger language models due to the recent surge of generative AI.

The tech company OpenAI is currently centering its efforts on developing an upgraded version of its ChatGPT product, with Altman saying it will be “faster, better, and cheaper.” This came after various other technology companies began creating their own versions of the technology.

OpenAI is an AI research and development lab based in San Francisco, California. It is a nonprofit organisation whose goal is to promoting the research and development of AI based technologies. OpenAI’s research focuses on discoveries such as computer vision, natural language processing and robotic systems. It employs over 200 people from some of the best universities across the US, and its work is highly publicized.

Sam Altman is the cofounder and CEO of OpenAI. He has a long history of being involved in the tech industry, and is considered an industry veteran with a successful track record. Altman has been the president of Y Combinator, a premier tech accelerator, since 2014. He is a vocal advocate for promoting the ethical development and application of AI, and has warned against the potential harm it could cause if it is not regulated.

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