Tech titans pledge US bil. for AI research

OpenAI aims 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. Although donors have committed a total of $1 billion, OpenAI “expect[s] to only spend a tiny fraction of this in the next few years”, reiterating that this project is expected to be a long-term plan. Artificial intelligence is a controversial area of research because some worry that intelligent machines might pose a threat to humanity. He also stressed that the focus was on building technologies that augment rather than replace humans. Musk and Sam Altman, the Y Combinator President serves as co-chairs in the project. Musk, who is deploying AI-based technologies in some of his products like the Tesla automobile, said he has…


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