Artificial intelligence project OpenAI garners bn from Elon Musk, Peter Thiel & other tech leaders

The formation of OpenAI, a non-profit artificial intelligence research company, has been announced by one of its co-chairs, billionaire Elon Musk. Several top-level tech-executives committed $1 billion to it, despite saying “the outcome is uncertain.” READ MORE: ‘Kalashnikovs of tomorrow’: Hawking, Musk, Wozniak warn of global AI arms race “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,” the project’s backers said in a statement. Read more Having no need to gain from the research financially, its Silicon Valley supporters say their goal is to make the future digital intelligence to “benefit humanity as a whole,” and “focus on a positive human impact.” Although the venture’s outcome is “uncertain,” and “the…


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