OpenAI asks US for investment in AI - According to the company, more funds are needed to dominate the sector
OpenAI has presented its vision for the development of artificial intelligence in the US, saying the country needs foreign investment and supportive regulations to stay ahead of China in the race for new technology.
"Chips, data and energy are the center of artificial intelligence," and the US must act now to create nationwide rules that can help secure its advantage, the startup stressed in a 15-page document.
The move comes just days before President-elect Donald Trump takes office, bringing with him an administration widely expected to be friendlier to the tech industry.
OpenAI CEO Sam Altman also donated about $1 million to Trump's inaugural fund, making him one of the leaders looking to improve their ties with the new president.
"There are approximately $175 billion in global funds awaiting investment in artificial intelligence projects, and if the US does not withdraw those funds, they will go towards China-backed projects, strengthening the global influence of the Chinese Communist Party," OpenAI said in the document.
The company also highlighted proposals for export controls on artificial intelligence models, which it said should be out of reach of adversary countries that may be more likely to misuse the technology.
The startup plans to hold an event in Washington this month to discuss its proposals. OpenAI, which plans to become a profitable business, is seeking more funding to stay ahead in the expensive new technology race after raising $6.6 billion last year.
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