OpenAI CEO, Sam Altman, announced that the Microsoft-backed organization currently has no plans to go public due to the potential for investor decisions to disappoint Wall Street. OpenAI has received $10 billion in funding from Microsoft, and it operates a non-profit hybrid capped-profit model to benefit the public good. OpenAI also warns of AI risks, but the company does not provide any details on its new AI model, GPT 4. Altman recently drew criticism for suggesting that OpenAI may leave the EU due to upcoming regulations on AI.
AI poses an existential threat to humanity, warns OpenAI CEO Sam Altman. An international agency like IAEA could oversee AI technology. EU is creating AI laws to regulate AI globally.
OpenAI CEO, Sam Altman, has confirmed that the company will not go public to avoid conflicts of interest and maintain control over the development of AI tech. Altman is currently visiting Europe, the Middle East, and Asia to work with regulators on frameworks to mitigate potential harm. He has also called for more regulation in Washington, citing a significant harm possibility caused by AI.
OpenAI CEO Sam Altman explores investment opportunities in Israel, praising the country's exceptional talent pool and its potential role in the ongoing AI revolution. ChatGPT has prompted lawmakers worldwide to consider safety concerns surrounding AI. Altman is set to visit several countries, including Jordan, Qatar, UAE, India, and South Korea, in the coming week.
FTC Chair, Lina Khan warns that fraudsters are using AI technology to scam people. The rise of voice-cloning has enabled scammers to impersonate victims and extract money. She urges regulators to be vigilant early before AI is widely adopted. #AI #scams #fraud
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?