Silicon Valley Investors Commit B For Planned Artificial Intelligence Research Center

Vittorio Hernandez | Dec 11, 2015 11:25 PM EST 2010 CeBIT Technology Fair (Photo : Getty Images) To develop digital intelligence to benefit humanity, several major Silicon Valley investors agreed to commit $1 billion to establish an artificial intelligence (AI) research center. The investors include Tesla founder Elon Musk, venture capitalist Peter Thiel and LinkedIn co-founder Reid Hoffman, reports The New York Times. However, the $1-billion funding commitment is long term. For the first few years of the project, they would spend only a portion of the total commitment. Like Us on Facebook The center, OpenAI, will be a nonprofit company and be based in San Francisco. The machine that the AI center would develop machines would be capable of performing any intellectual task that a person can do. However,…


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