Silicon Valley pioneers back open Artificial Intelligence hub in bn push

Leading Silicon Valley pioneers have pledged in excess of $1bn into a recently unveiled open Artificial Intelligence foundation geared towards promoting research in the area on a not-for-profit basis, as leading minds in the sector aim to make significant advances towards the next generation of computing. Dubbed OpenAI, the new company will conduct (and freely publish) research in the area of machine learning, with some of the leading Silicon Valley pioneers – both in terms of entrepreneurs, financial backers, as well as computer scientists – involved, according to a blog post penned by Greg Brockman and Ilya Sutskever, OpenAI’s CTO, and research director respectively.  Among the financial backers of OpenAI are Peter Thiel, Reid Hoffman and Elon Musk (a trio of online payment entrepreneurs collectively known as ‘The PayPal Mafia’), among…


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