OpenAI says it’s not going to leave Europe

TL;DR Breakdown

  • OpenAI has affirmed its commitment to stay in Europe, despite earlier concerns raised by CEO Sam Altman about stringent upcoming AI regulations.
  • Altman held discussions with top politicians across Europe about the future of AI and the advancements of OpenAI’s AI model, ChatGPT.
  • OpenAI faced criticism for not revealing the training data for its AI model, GPT-4, citing competition and safety concerns.

OpenAI, the influential tech organization, has dismissed any plans to withdraw its presence from Europe, despite concerns about upcoming laws on artificial intelligence (AI) regulation.

The declaration follows an earlier statement by OpenAI’s CEO, Sam Altman, indicating potential difficulties for the company’s European operations due to the anticipated stringent AI laws.

OpenAI’s commitment to Europe

Mr. Altman dispelled any uncertainties surrounding OpenAI’s commitment to Europe in a tweet on Friday, expressing his anticipation about the continued operation in the region.

His earlier comments suggesting a potential exodus, in the face of what he considered excessive regulation in the draft of the EU AI Act, were met with disapproval from numerous European lawmakers, including EU industry chief Thierry Breton.

A series of high-level meetings with senior politicians across several European nations, including France, Spain, Poland, Germany, and Britain, characterized Altman’s recent itinerary.

The dialogue centered on the future of AI and the advancements of OpenAI’s impressive language model, ChatGPT. The CEO marked the tour as a “very productive week of conversations in Europe about how to best regulate AI.”

OpenAI had previously faced scrutiny for not revealing the training data of its latest AI model, GPT-4. Citing the competitive market environment and potential safety concerns, the company refrained from exposing these specifics.

Nevertheless, as deliberations over the EU AI Act proceed, lawmakers have suggested new regulations that would mandate any entity utilizing generative AI tools, such as ChatGPT, to disclose copyrighted material used in training their systems.

These proposed provisions focus on maintaining transparency, thereby ensuring that both the AI model and the entity developing it is reliable. Dragos Tudorache, a Romanian MEP and the architect of the EU proposals, expressed that transparency should not deter any organization.

The EU Parliament reached a consensus on the draft of the Act earlier this month, with the final version of the bill to be finalized later this year.

Microsoft-backed AI chatbot, ChatGPT, has sparked both enthusiasm and concern with its innovative capabilities, occasionally resulting in regulatory confrontations.

OpenAI first faced regulator objections in March when Italian data regulator Garante accused it of violating European privacy rules. However, after OpenAI implemented new user privacy measures, ChatGPT was allowed to resume its operations.

A collaborative approach to AI governance

Upon Altman’s recent assurance of OpenAI’s European commitment, Dutch MEP Kim van Sparrentak, a contributor to the AI draft rules, affirmed the necessity of upholding tech company obligations towards transparency, security, and environmental standards.

Her German counterpart, MEP Sergey Lagodinsky, also involved in the draft AI Act, expressed relief over the reassurance and advocated for a common front against challenges.

In a demonstration of its commitment to ethical AI governance, OpenAI recently announced a $1 million fund to award ten equal grants for experiments seeking to shape AI software governance.

Altman hailed these grants as a mechanism to democratically decide on the behavior of AI systems, showcasing the tech giant’s dedication to maintaining open and democratic discourse on AI’s societal impact.

Despite initial hiccups and debates over regulations, OpenAI’s pledge to remain in Europe underlines its commitment to shaping the future of AI on a global stage.

With new strides in AI development and governance, OpenAI continues to foster collaboration and dialogue with regulators, emphasizing the need for comprehensive and fair AI policies.

Disclaimer: The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

文章来源于互联网:OpenAI says it’s not going to leave Europe

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年5月28日 17:31
Next 2023年5月28日 19:47

Related articles

  • Crypto World Welcomes PayPal USD (PYUSD) Stablecoin: Mixed Reactions from the Community

    TL;DR Breakdown Huobi Global and BitMart quickly announced support for the newly launched PYUSD stablecoin, with Huobi becoming the first to do so. Despite Paxos backing, the crypto community has concerns about the PYUSD stablecoin’s centralization and potential security flaws in its Solidity v0.4.24 construct. Description Huobi Global, a prominent player in the world of crypto exchanges, recently made headlines by announcing its support for the newly launched Paxos-issued PayPal USD (PYUSD) stablecoin. A day after the big reveal by PayPal and Paxos, Huobi became the first crypto exchange to declare its intention to list the PYUSD. A wave of mixed … Read more Huobi Global, a prominent player in the world of crypto exchanges, recently made headlines by announcing its support for the newly launched Paxos-issued PayPal USD (PYUSD) stablecoin. A day after the big reveal by PayPal and Paxos, Huobi became the first crypto exchange to declare its intention to list the PYUSD. A wave of mixed feelings surged through the crypto community, with many awaiting further announcements from other major businesses. Contents hide 1 Huobi Takes the…

    Article 2023年8月9日
  • BREAKING: TradFi giant Franklin Templeton joins the Bitcoin ETF race with a filing for spot fund

    TL;DR Breakdown Franklin Templeton, a financial giant managing nearly $1.5 trillion in assets, has filed for a Bitcoin ETF, aiming to list it on the Cboe BZX Exchange. The proposed ETF would be a series within the Franklin Templeton Digital Holdings Trust, with Coinbase Custody Trust Company serving as the fund’s custodian. The filing comes amid a shifting regulatory landscape, as a recent court ruling against the SEC’s denial of Grayscale’s Bitcoin Trust conversion has increased optimism for future Bitcoin ETF approvals. Description Franklin Templeton, a traditional finance giant managing nearly $1.5 trillion in assets, has announced its intention to launch a Bitcoin Exchange-Traded Fund (ETF). The firm disclosed its plans in a recent filing, aiming to list the fund on the Cboe BZX Exchange. This move places Franklin Templeton in the growing list of financial institutions seeking … Read more Franklin Templeton, a traditional finance giant managing nearly $1.5 trillion in assets, has announced its intention to launch a Bitcoin Exchange-Traded Fund (ETF). The firm disclosed its plans in a recent filing, aiming to list the fund on the…

    Article 2023年9月13日
  • Genesis vows 70-90% returns for creditors in new deal

    TL;DR Breakdown Digital Currency Group (DCG), has made significant strides towards resolving the financial troubles of its crypto lending subsidiary, Genesis.  The core essence of this agreement lies in the potential recoveries for unsecured creditors, estimated to range between 70% to 90%, contingent on the approval of the amended plan. The revised plan introduces a novel approach to debt repayment, allowing for recoveries spanning from 65% to 90% on an in-kind basis, dependent on the specific digital asset denomination.  Description In a significant development within the cryptocurrency industry, Digital Currency Group (DCG), a prominent venture capital firm deeply entrenched in the crypto landscape, has made significant strides toward resolving the financial troubles of its crypto lending subsidiary, Genesis. This initiative is marked by an in-principle agreement that has been reached with Genesis’ creditors, as detailed … Read more In a significant development within the cryptocurrency industry, Digital Currency Group (DCG), a prominent venture capital firm deeply entrenched in the crypto landscape, has made significant strides toward resolving the financial troubles of its crypto lending subsidiary, Genesis. This initiative is marked…

    Article 2023年8月29日
  • American central bank’s secret $103B bailout exposed

    TL;DR Breakdown Data from the Federal Reserve Bank of St. Louis reveals that the Bank Term Funding Program (BTFP), an emergency lending program initiated by the American central bank has reached a record high of $103.08 billion. This milestone indicates that the Federal Reserve is still intervening to bail out banks, despite its efforts to assure investors that the banking crisis is under control. U.S. banking regulators have been urging lenders to collaborate with credit-worthy borrowers who are facing financial stress. Description The Bank Term Funding Program (BTFP), an emergency lending program initiated by the American central bank, has experienced its highest level of distressed asset redemptions since its establishment three months ago. Launched in response to the United States banking crisis and the collapse of Silicon Valley Bank, among others, the BTFP aims to provide support … Read more The Bank Term Funding Program (BTFP), an emergency lending program initiated by the American central bank, has experienced its highest level of distressed asset redemptions since its establishment three months ago. Launched in response to the United States banking crisis…

    Article 2023年7月2日
  • Joe Biden is now absolutely terrified of China – But why?

    Description As the global power dynamics shift, Joe Biden seems increasingly uneasy about China’s growing economic clout. Delving deep into the geopolitical landscape, it’s clear that Biden is looking for a robust counter-strategy to China’s economic might. China’s influence isn’t just a mirage; it’s a tangible, expanding reality that the U.S. can no longer ignore. The … Read more As the global power dynamics shift, Joe Biden seems increasingly uneasy about China’s growing economic clout. Delving deep into the geopolitical landscape, it’s clear that Biden is looking for a robust counter-strategy to China’s economic might. China’s influence isn’t just a mirage; it’s a tangible, expanding reality that the U.S. can no longer ignore. The Chessboard of Global Finance Ditching the confines of the Oval Office, Biden is aggressively vying for international backing to bolster the World Bank’s financial might. Why, you ask? Simple. There’s a looming pressure to bankroll the climate change battle and pose as a formidable opponent to China’s burgeoning economic outreach. The G20 leaders’ summit in New Delhi isn’t just another diplomatic rendezvous. For Biden, it’s a…

    Article 2023年9月9日
TOP