Tag: Europe

Infineon may move more production to the US to comply with Biden's Inflation Reduction Act. The chipmaker already operates six factories in the US and sees potential for green technology growth. Intel's new German chip plant hangs in the balance after funding was refused.

Microsoft's Azure OpenAI service is now available in the UK South region, supporting the launch of advanced AI models GPT-3.5 and GPT4. Businesses can leverage cutting-edge technology and gain a competitive edge in the global marketplace.

Should smaller AI startups be exempt from regulations? OpenAI's CEO, Sam Altman, thinks so. He suggests that only larger organizations, like OpenAI, should be regulated. As he travels the globe on a tour about AI regulation, Altman's views have shifted, prompting a discussion on the need for uniform regulations in AI governance. Learn more on Benzinga's Consumer Tech.

Investors are paying hefty amounts to invest in AI startups, especially after the success of OpenAI's ChatGPT. This has resulted in inflated valuations and a shift towards specific AI applications. Despite concerns about revenue generation and threats to humanity, European startups focused on defense and tech sovereignty present significant opportunities.

OpenAI CEO confirms that the company has no plans to go public soon due to possible conflicts with investor expectations. As AI technology grows, Altman emphasizes the need for regulation and acknowledges its potential threat to jobs in various sectors. Altman's global tour includes visits to Qatar, India, and South Korea, where he will address the rapid growth of AI technology. The EU is currently working on laws to govern AI, requiring companies such as OpenAI to disclose copyrighted material used to train their systems, which Altman has not disclosed.