Artificial-Intelligence Research Center Is Founded by Silicon Valley Investors

Elon Musk, the chief of Tesla, is among the investors behind a new artificial-intelligence research center. By JOHN MARKOFF December 11, 2015 A group of prominent Silicon Valley investors and technology companies said on Friday that they would establish an artificial-intelligence research center to develop “digital intelligence” that will benefit humanity. The investors — including Elon Musk, Peter Thiel and Reid Hoffman — said they planned to commit $1 billion to the project long term, but would initially spend only a small fraction of that amount in the first few years of the project. But, Mr. Musk said, “Everyone who is listed as a contributor has made a substantial commitment and this should be viewed as at least a billion-dollar project.” The organization, to be named OpenAI, will be established as a…


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