Elon Musk and Other Tech Titans Unite to Create OpenAI to Develop AI

Friday marks the introduction of a nonprofit company named OpenAI to research novel artificial intelligence systems and share its findings. The backers of the company are Elon Musk, Peter Thiel and other technology entrepreneurs who believe that talented researchers, when provided enough freedom and money, can develop artificial intelligence systems as advanced as those being built by the sprawling teams at Google, Facebook and Microsoft. Musk, chief executive officer of Tesla Motors Inc. and Space Exploration Technologies Corporation and Sam Altman, president of the Y Combinator, will serve as co-chairman. Elon, Thiel, co-founder of PayPal Holdings and Palantir Technologies, Reid Hoffman and others as well as companies including Amazon Web Services and Infosys, has provided funds to the new company and committed to continue providing significant funds to the project.…


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