Elon Musk, Amazon Donate Billion for Artificial Intelligence Research

Several technology giants have banded together to invest $1 billion to research artificial intelligence, an increasingly important technology used in self-driving cars, facial recognition, and online advertising. The effort, announced Friday, is designed “to advance digital intelligence in the way that is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return,” said a blog post by the non-profit research company. Any advances will be made publicly available to help to spur innovation in the field. The new company, OpenAI, is backed by donations from tech luminaries including Elon Musk, the CEO of Tesla and CEO of SpaceX; LinkedIn co-founder Reid Hoffman; PayPal co-founder and investor Peter Thiel; and Sam Altman and Jessica Livingston from the startup accelerator YCombinator. Corporate backers include Amazon’s cloud…


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