OpenAI's $10M Grant Signals Major Push for Safer Superintelligent AI
Portfolio Pulse from Anusuya Lahiri
OpenAI's Superalignment team, led by Microsoft's Ilya Sutskever, is focused on developing methods to control superintelligent AI systems. Amidst leadership changes with Sam Altman, the team presented their research at a conference and announced a $10 million grant program to advance their work. The program has attracted support from industry figures like former Google CEO Eric Schmidt. Microsoft shares saw a 1.22% increase to $370.45 recently.
December 15, 2023 | 4:09 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Former Google CEO Eric Schmidt's support for OpenAI's grant program highlights the industry's focus on AI safety, potentially impacting Alphabet Inc's reputation positively.
Eric Schmidt's involvement, despite his past role at Google, could reflect positively on Alphabet Inc as it shows an ongoing commitment from industry leaders associated with the company to the ethical development of AI, which may positively influence investor perception.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Microsoft, which leads OpenAI's Superalignment team, is involved in developing governance frameworks for AI and has seen its stock price increase by 1.22%.
Microsoft's involvement in OpenAI's initiative to ensure AI safety is a positive signal to investors, likely contributing to the recent stock price increase. The company's role in this forward-thinking research could be seen as a long-term investment in maintaining a competitive edge in AI technology.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80