In Tech: Billionaires finance AI research, Android Pay going Down Under, OneDrive reversal

Author: Associated Press. Share on Facebook Share on Twitter Share on Google+ Share on LinkedIn Three billionaires who launched PayPal and then went on to even greater success in their next ventures are now trying to make sure that artificial intelligence does more good than harm to humans.PayPal ringleaders Elon Musk, Peter Thiel and Reid Hoffman are joining forces with several other technology luminaries and companies to contribute $1 billion to finance a Silicon Valley research center that will dig deeper into the field of artificial intelligence, or “machine learning.”The nonprofit company, called OpenAI, will focus on improving “digital intelligence in the way that is most likely to benefit humanity as a whole.”Musk, who has amassed an estimated fortune of $13 billion, has been particularly outspoken about his fears that…


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