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Tech Giants Pledge $1bn for 'Altruistic AI' Venture, OpenAI

Staff Writer | BBC | December 12, 2015

Prominent tech executives have pledged $1bn (£659m) for OpenAI, a non-profit venture that aims to develop artificial intelligence (AI) to benefit humanity. The venture's backers include Tesla Motors and SpaceX CEO Elon Musk, Paypal co-founder Peter Thiel, Indian tech giant Infosys and Amazon Web Services. Open AI says it expects its research - free from financial obligations - to focus on a "positive human impact"...

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Tech Giants Pledge $1bn for 'Altruistic AI' Venture, OpenAI

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