OPENAI NONPROFIT COMMISSION
OpenAI names members to its nonprofit commission
OpenAI, which last month said it would raise up to $40 billion in a new funding round valuing the company at $300 billion, named Daniel Zingale, who has held senior leadership roles across California, as the commission's convener. Dolores Huerta, Monica Lozano, Robert Ross and Jack Oliver, all of whom have prior experience with community-based organisations, have been appointed as advisors to the new commission, formed earlier this month.
JD Vance rails against 'excessive regulation' of AI at Paris summit
U.S. Vice President JD Vance warned against excessive AI regulation at a Paris summit, highlighting risks to innovation. He criticized European policies and affirmed America's commitment to bias-free AI and free speech. Amid global AI competition, Vance addressed U.S., European, and Chinese approaches, emphasizing the need for careful consideration in AI governance.
Joe Biden's 11th-hour parting gift to Elon Musk, which he is now using to break up OpenAI and Microsoft; here's all about it
Recent reports have revealed that the administration of former US President Joe Biden has left a parting gift for Tesla CEO Elon Musk and that significant parting gift is now being used by Tesla CEO Elon Musk to actually break up Microsoft and Open AI.
Laws need to catch up to artificial intelligence's unique risks
OpenAI has spent the last year mired in scandal. The company's chief executive was briefly fired after the nonprofit board lost trust in him. Whistle-blowers alleged to the Securities and Exchange Commission that OpenAI's nondisclosure agreements were illegal. Safety researchers have left the company in droves. Now the firm is restructuring its core business as a for-profit, seemingly prompting the departure of more key leaders.
ED crackdown on betting app; Policybazaar stock swing
Ahead of its much-anticipated IPO, Swiggy shares have seen a 40% surge in the unlisted market since July. This and more in today’s ETtech Top 5.
Microsoft, Apple drop OpenAI board plans as scrutiny grows
Microsoft and Apple have decided against taking board roles at OpenAI, citing regulatory scrutiny. Microsoft's $13 billion investment and integration of OpenAI's tech in products like Windows face antitrust probes. Despite withdrawing, concerns about stifling competition persist. US and European regulators are scrutinizing Big Tech's dominance in AI. Analysts foresee AWS and Google becoming preferred partners amid growing demand and regulatory pressure. This move underscores challenges as tech giants balance innovation and regulatory compliance in the AI landscape.
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AI deals between Microsoft and OpenAI, Google and Samsung, in EU crosshairs
European Commission assesses tech partnerships for merger control compliance, focusing on potential market concentration effects. Regulators worldwide scrutinize Big Tech's dominance in AI, raising concerns about access for smaller developers. Vestager leads investigations into exclusive clauses and talent acquisitions, aiming to prevent monopolistic practices and promote fair competition.
How an Israeli firm tried to build anti-BJP narrative during polls
OpenAI claims to have disrupted an AI-based covert operation launched by an Israeli firm that allegedly peddled anti-BJP agenda. In 2021, the BJP government drew flak after Israeli spyware Pegasus was allegedly used to snoop on journalists, Opposition leaders and rights activists
An AI researcher takes on election deepfakes
Oren Etzionia, University of Washington professor and founding CEO of the Allen Institute for AI, became one of the first researchers to warn that a new breed of AI would accelerate the spread of disinformation online.
OpenAI to name new board members in March: report
The move would finally end an impasse that began after the Microsoft-backed company's former board fired CEO Sam Altman in November.
Microsoft's deal with Mistral AI faces EU scrutiny
Throughout negotiations of the AI Act, Mistral lobbied for looser rules for some models, with advocates warning that strict rules risked undermining European companies' ability to compete with big tech.
In big election year, AI's architects move against its misuse
On Friday, 20 tech companies - including Adobe, Amazon, Anthropic, Google, Meta, Microsoft, OpenAI, TikTok and X (formerly known as Twitter) - signed a voluntary pledge to help prevent deceptive AI content from disrupting voting in 2024.
Generative AI faces major test as Indonesia holds largest election since boom
The general elections on Feb. 14 in Indonesia, the world's third-largest democracy, offer a glimpse of how generative AI may transform large-scale political campaigning, experts say.
Omidyar Network to exit India; Angel funds may soon get to invest more in startups
Impact investment fund Omidyar Network India is exiting the country and will transition out of the local market by 2024. This and more in today’s ETtech Top 5.
Meet Ashley, the world's first AI-powered political campaign caller
Ashley is one of the first examples of how generative AI is ushering in a new era of political campaigning in which candidates use technology to engage with voters in ways increasingly difficult to track.
Microsoft, OpenAI tie-up comes under antitrust scrutiny
The U.S. Federal Trade Commission is examining the nature of Microsoft's investment in ChatGPT maker OpenAI, and whether it may violate antitrust laws, Bloomberg News reported on Friday, citing a person familiar with the matter.
Microsoft, OpenAI tie-up draws UK antitrust regulator scrutiny
The Competition and Markets Authority (CMA) said it was also considering if the deal had resulted in the creation of a relevant merger situation. "There have recently been a number of developments in the governance of OpenAI, some of which involved Microsoft," the CMA said.
Europe's world-leading AI rules facing its do-or-die moment
First suggested in 2019, the EU's AI Act was expected to be the world's first comprehensive AI regulations, further cementing the 27-nation bloc's position as a global trendsetter when it comes to reining in the tech industry.
Before Sam Altman's ouster, OpenAI's board was divided and feuding
Another member, Ilya Sutskever, who is also OpenAI's chief scientist, thought Altman was not always being honest when talking with the board. And board members worried that Altman was too focused on expansion while they wanted to balance that growth with AI safety.
Explainer | Britain's AI summit: what can it achieve?
Britain will host the world's first global artificial intelligence (AI) safety summit this week to examine the risks of the fast-growing technology and kickstart an international dialogue on regulation of it.
The race to prevent 'the worst case scenario for machine learning'
Dave Willner started working at Facebook in 2008, back when social media companies were making up their rules as they went along. As the company's head of content policy, it was Willner who wrote Facebook's first official community standards more than a decade ago, turning what he has said was an informal one-page list that mostly boiled down to a ban on "Hitler and naked people" into what is now a voluminous catalog of slurs, crimes and other grotesqueries that are banned across all of Meta's platforms.
Sam Altman’s AI regulation pitch, and other top stories this week
Over the last month, Altman has met heads of states and governments of several countries. The latest halt on his whistlestop tour was India, where he met Prime Minister Narendra Modi on Thursday.
OpenAI’s Sam Altman talks love, dark AI, regulations, and more
Sam Altman, the boyish face of artificial intelligence, spoke on the technology that has people excited and afraid in equal measure at ET Conversations in New Delhi. In a special edition ETtech Morning Dispatch today, we bring you all the highlights from the evening.
OpenAI's Sam Altman regenerates the Gilded Age playbook
What to make of the spectacle of Sam Altman, the boyish face of all things AI, coming to Washington to beg for … regulation?
Experts, top AI CEOs including Sam Altman raise 'risk of extinction' from AI
A one-line statement signed by dozens of specialists, including Sam Altman whose firm OpenAI created the ChatGPT bot, said tackling the risks from AI should be “a global priority alongside other societal-scale risks such as pandemics and nuclear war”.
European consumer protection bodies urged to investigate ChatGPT, others
BEUC, the umbrella group for 46 consumer organisations from 32 countries, set out its worries in separate letters earlier this month to the network of consumer safety authorities (CSN network) and to the network of consumer protection authorities (CPC network).
Japan government eyes AI adoption as OpenAI CEO Sam Altman mulls opening office
The remarks from Hirokazu Matsuno, a top government spokesperson, came shortly before Sam Altman, chief executive of OpenAI, met Japanese prime minister Fumio Kishida during a visit to Japan.
Italy probes Meta over abuse of position in music rights case
Last month, Meta, which owns Facebook, Whatsapp and Instagram, failed to reach a deal with SIAE to renew the copyright license. As a result, all songs under SIAE's books have been blocked on its platforms since March 16.
Elon Musk calls San Francisco a town of the ‘Walking Dead’
Musk was responding to a thread from US journalist and author Ashlee Vance who said during his 20-minute walk in the city, that he was witnessing something that he had not seen before.
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