OpenAi Says Signed The Core Commitments Of The EU AI Pact
Portfolio Pulse from Benzinga Newsdesk
OpenAI has signed the core commitments of the EU AI Pact, aligning with European Union regulations on artificial intelligence. This move is part of a broader effort to ensure AI technologies are developed responsibly and ethically.

September 25, 2024 | 6:10 pm
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NEUTRAL IMPACT
The EU AI Pact may indirectly impact European markets, including the Vanguard FTSE Europe ETF (VGK), as it reflects the EU's commitment to AI regulation, potentially affecting tech investments.
While VGK is not directly involved, the EU's commitment to AI regulation could influence tech investments in Europe, indirectly affecting ETFs like VGK.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 30
POSITIVE IMPACT
Microsoft, a major investor in OpenAI, may see positive sentiment as OpenAI aligns with EU AI regulations, potentially enhancing Microsoft's reputation in responsible AI development.
Microsoft's investment in OpenAI means that OpenAI's alignment with EU regulations could reflect positively on Microsoft, enhancing its image in responsible AI development.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70