OpenAI project, non-profit company backed by Elon musk, Sam Altman

Sharing is Caring: OpenAI project envisaged as a non-profit research company, has given been backed by Elon Musk, Sam Altman and others. Prominent names of the tech elite have backed the venture, which focuses on Artificial Intelligence, and will be managed by ex-Google research scientist Ilya Sutskever along with Brockman. The project aims to achieve artificial intelligence comparable to human level, for benefiting humanity beyond any one company. The OpenAI project would benefit from an initial backing budget of 1 billion dollars. Microsoft’s co-founder Paul Allen established the Allen Institute for Artificial Intelligence that focuses on creating AI technolgies, to benefit in the fields of engineering and research. Not to forget, in autumn 2014, Elon Musk said that development of artificial intelligence is being like summoning the demon. However, he…


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