Save over 40% when you secure your tickets today to TNW Conference 💥 Prices will increase on November 22 →

This article was published on December 11, 2015

OpenAI is a $1 billion nonprofit dedicated to Artificial Intelligence research


OpenAI is a $1 billion nonprofit dedicated to Artificial Intelligence research

Artificial Intelligence is going non-profit. Today, a research company dedicated named OpenAI officially declared it was open for business.

As for why OpenAI exists, the company summed it up in a blog post:

AI systems today have impressive but narrow capabilities. It seems that we’ll keep whittling away at their constraints, and in the extreme case they will reach human performance on virtually every intellectual task. It’s hard to fathom how much human-level AI could benefit society, and it’s equally hard to imagine how much it could damage society if built or used incorrectly.

It also says researchers will be encouraged to share their work openly, and all patents it gains will be shared with the world.

With nearly $1 billion in funding, OpenAI is lead by Ilya Sutskever, and co-chaired by Sam Altman and Elon Musk.

The 💜 of EU tech

The latest rumblings from the EU tech scene, a story from our wise ol' founder Boris, and some questionable AI art. It's free, every week, in your inbox. Sign up now!

What will be interesting to see is whether or not OpenAI can get those who’ve been working on various AI projects to help, or open their existing work up to others.

➤ OpenAI

Get the TNW newsletter

Get the most important tech news in your inbox each week.

Also tagged with


Published
Back to top