Musk, other tech chiefs back artificial intelligence startup with US billion

[SAN FRANCISCO] Some of the most prominent executives in the technology industry, including Tesla Motors Inc CEO Elon Musk, are backing a non-profit artificial intelligence research company with funding of US$1 billion. The effort announced on Friday, known as OpenAI, joins a number of other initiatives by prominent companies like Google, Apple and IBM to tap advanced computer technology to solve problems such as recognizing faces or translating languages. “Our goal is 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,” a blog post on OpenAI’s website said. Predicting that human-level artificial intelligence will eventually arrive, the backers argued that it was vital to have a research institution like OpenAI in place to seek…


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