Tech Companies Join Hands to Develop AI

Amazon Web Services (AWS), Infosys and YC Research are giving a donation of US$1 billion to fund the OpenAI project. The companies are funding the project without any expectations of making financial profits. The project is aimed at providing benefits of Artificial Intelligence (AI) to the entire humanity. OpenAI Company has complete commitment from Elon Musk, Sam Altman, LinkedIn Corp.co-founder Reid Hoffman, venture capitalist Peter Thiel and a Y Combinator partner, Jessica Livingston. Without any pressure of making profits, OpenAI will be able to concentrate particularly on finding ways in which AI can have positive impact on humanity. The trio is sure of the fact that though the future outcome of the AI project is uncertain, but it has to be in the favor of humanity. AI has always been…


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