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09.01.2024 - 21:29 / tech.hindustantimes.com / Sam Altman / Sundar Pichai / European Commission
The European Union's competition regulator said Tuesday it was looking into Microsoft's investment into ChatGPT developer, the CEO Sam Altman-led OpenAI to see if it merits further investigation under the bloc's merger rules. The European Commission said in a statement it was "checking whether Microsoft's investment in OpenAI might be reviewable under the EU Merger Regulation".
The move is part of efforts by Brussels to make sure its oversight can catch up with the fast-moving world of artificial intelligence and stop major players shutting out competitors.
EU competition chief Margrethe Vestager, who will meet top tech bosses California this week, said "it is fundamental that these new markets stay competitive".
"We are inviting businesses and experts to tell us about any competition issues that they may perceive in these industries, whilst also closely monitoring AI partnerships to ensure they do not unduly distort market dynamics," she said.
Alongside meetings with Apple boss Tim Cook and Google chief Sundar Pichai, Vestager is also set to hold talks with two top executives from OpenAI.
The launch of the ChatGPT chatbot in November 2023 -- which became at the time the fastest-adopted app -- marked the popular arrival of the AI revolution.
Microsoft last year pledged to invest $13 billion in OpenAI and got a seat on the board after an abortive boardrooom coup against CEO Sam Altman.
Britain's competition watchdog last month also said it was looking into whether the partnership between Microsoft and OpenAI resembles a merger.
This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
OpenAI CEO Sam Altman, a successful entrepreneur and the mind behind the widely-used generative AI tool ChatGPP, is known for bringing natural language and conversational AI tools to the tech industry. ChatGPT and his constructive strategies to meet the innovative demands of the technological world have led aspiring entrepreneurs to want to be like Altman. However, to gain unparalleled success. one has to navigate through a long and intricate journey, which requires hard work and much struggle. Therefore, to make the process easier for budding entrepreneurs, Altman has laid out 13 powerful ways on how to be successful.
Samsung Electronics Co. is exploring the development of noninvasive blood sugar monitor (glucose monitoring) and continuous blood pressure checking, setting its sights on ambitious health-care goals in a race with Apple Inc. and other tech giants.
OpenAI Chief Executive Officer Sam Altman, who has been working to raise billions of dollars from global investors for a chip venture, aims to use the funds to set up a network of factories to manufacture semiconductors, according to several people with knowledge of the plans.
2K-owned 31st Union laid off a small number of staff yesterday, the studio has confirmed.
Davos [Switzerland], January 19 (ANI): In a Davos session themed 'Technology in a Turbulent World,' Sam Altman, CEO of OpenAI, delved into the future trajectory of artificial intelligence (AI), offering profound insights into its role as a driving force for global economies and societies.
Robotics startup Figure said it has signed a partnership with BMW Manufacturing to deploy its humanoid robots in the car maker's facility in the U.S., as more companies turn to human-like robots to take on certain physical tasks.
With almost half of the world's population heading to the polls in a national election in 2024, leaders at the World Economic Forum are grappling with how the arrival of ChatGPT will affect these democracies — and how governments will in turn regulate AI. Leaders in artificial intelligence including OpenAI's Sam Altman and Microsoft Corp. founder Bill Gates weighed in this week at Davos, the gilded annual conference where billionaires hold forth on global problems. While all said they took the threat of artificial intelligence on elections seriously, there was a split in whether they thought major disruption was likely.Microsoft Corp. Chief Executive Officer Satya Nadella somewhat downplayed the risks. “It's not like this is the first election where disinformation, or misinformation, and election interference is going to be a real challenge that we all have to tackle,” he said, speaking at Bloomberg House at Davos on Tuesday.
Amid concerns raised in various quarters about risks posed by AI, ChatGPT creator OpenAI's CEO Sam Altman on Thursday said artificial intelligence (AI) won't replace human care for each other, just like computers didn't kill the game of chess. Speaking at a session on 'Technology in a Turbulent World' at the World Economic Forum (WEF 2024) here, he said even with its very limited current capability and very deep flaws, people are finding ways to use this tool for great productivity gains or other gains and understand the limitations.
Sam Altman said that his dramatic and quickly-reversed firing at OpenAI was less nerve-wracking than how the world approaches making artificial intelligence as capable as humans.
ChatGPT maker OpenAI has outlined a plan to prevent its AI tools from being used to spread election misinformation as voters in more than 50 countries prepare to cast their ballots in national elections this year. The safeguards spelled out by the San Francisco-based artificial intelligence startup in a blog post this week include a mix of preexisting policies and newer initiatives to prevent the misuse of its wildly popular generative AI tools. They can create novel text and images in seconds but also be weaponized to concoct misleading messages or convincing fake photographs.
The World Economic Forum (WEF 2024) at Davos has been going on with full force with various tech CEOs attending the event including OpenAI CEO Sam Altman and Microsoft CEO Satya Nadella. On Tuesday Altman discussed about the future of AI and said it was an energy guzzler and that its future would be secure only if we get an energy breakthrough. Additionally, Microsofit's Satya Nadella also talked about the impact of AI in science. Know what the two tech giants said about Artificial intelligence (AI).