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OpenAI urges US to prioritize AI funding, regulation to stay ahead of China By Reuters

by Reuters
January 13, 2025
in Stock Market
Reading Time: 2 mins read
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(Reuters) – OpenAI on Monday laid out its imaginative and prescient for synthetic intelligence improvement within the U.S., saying the nation wants exterior funding and supportive regulation to remain forward of China within the race for the nascent expertise.

“Chips, knowledge and power are the keys to profitable AI” and the U.S. must act now to craft nationwide guidelines that may assist safe its benefit, the AI startup mentioned in a 15-page doc known as its “Financial Blueprint”.

The transfer comes simply days earlier than President-elect Donald Trump takes workplace, bringing with him an administration that’s broadly anticipated to be extra pleasant to the tech business with former PayPal (NASDAQ:) govt David Sacks as its AI and crypto czar.

OpenAI CEO Sam Altman additionally donated round $1 million to Trump’s inaugural fund, making him one of many a number of executives seeking to enhance their ties with Trump.

“There’s an estimated $175 billion sitting in world funds awaiting funding in AI tasks, and if the U.S. would not entice these funds, they are going to movement to China-backed tasks —strengthening the Chinese language Communist Social gathering’s world affect,” OpenAI mentioned within the doc.

It additionally outlined proposals for export controls on AI fashions, which it mentioned needs to be out of the attain of adversary nations that could be extra more likely to misuse the expertise.

The startup plans to host an occasion in Washington D.C. later this month to debate its proposals.

Microsoft-backed OpenAI has been seeking to drum up help for its plan to show right into a for-profit enterprise because it seems to seize much more funding to remain forward within the expensive AI race, after elevating $6.6 billion final 12 months.





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Tags: aheadChinaFundingOpenAIprioritizeregulationReutersStayUrges
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