Tag: Peter Thiel

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OpenAI, backed by MSFT, announced grant awards worth $100K each to experiment on a democratic decision-making system for AGI. 500+ people from diverse backgrounds are invited to contribute to ensure AI benefits all of humanity. Applications close 24 June 2021.

OpenAI, founded in 2015 and backed by Sam Altman, has recently raised $175 million for an AI-powered investment fund. Through its ChatGPT platform, the company provides tools to help people interact with AI. The proposed European Union AI Act is set to regulate AI tools and has been a cause of concern for the OpenAI team. Altman, along with the OpenAI team, is dedicated to the positive impact of AI on society. The fund will invest and support AI startups that share this vision.

OpenAI and LinkedIn co-founders, Sam Altman and Reid Hoffman, have launched the new Worldcoin cryptocurrency project, backed by a $115m investment from Andreessen Horowitz and Coinbase Ventures. The project focuses on using biometric scans to create a secure global financial system with a spherical device called an "orb." Raising concerns over potential security and scalability issues, the Worldcoin co-founder Alexander Blania is confident the project is heading in the right direction.

OpenAI Inc., a non-profit arm of the innovative AI company OpenAI LP, is offering "$100,000 grants for 10 projects that use AI models and apply democratic processes for making decisions. Explore how these decisions are made, and look at the policies linking usage and economic impact. Apply and contribute towards safe and responsible use of AI.