Business Day

CEO now says OpenAI will stay in Europe

• Altman reverses threat to leave region after meeting politician­s to discuss regulating artificial intelligen­ce

- Supantha Mukherjee

OpenAI has no plans to leave Europe, CEO Sam Altman says, reversing a threat to leave the region if it becomes too hard to comply with upcoming laws on artificial intelligen­ce.

“We are excited to continue to operate here and of course have no plans to leave,” he said in a tweet.

The EU is working on what could be the first set of rules globally to govern AI. Last week Altman said the current draft of the EU’s Artificial Intelligen­ce Act was “over-regulating”.

His threat of quitting Europe drew criticism from EU industry chief Thierry Breton and a host of other legislator­s.

Altman has spent the past week criss-crossing Europe, meeting top politician­s in France, Spain, Poland, Germany and the UK to discuss the future of AI, and progress of ChatGPT.

He called his tour a “very productive week of conversati­ons in Europe about how to best regulate AI”.

AI-powered chatbot ChatGPT, backed by Microsoft, has created new possibilit­ies around AI and fears around its potential have provoked excitement and alarm, and brought it into conflict with regulators.

OpenAI first clashed with regulators in March, when Italian data regulator Garante shut the app down domestical­ly, accusing OpenAI of flouting European privacy rules. ChatGPT came back online after the company instituted new privacy measures for users.

OpenAI said it would award 10 equal grants from a fund of $1m for experiment­s to determine how AI software should be governed and Altman called those grants as “how to democratic­ally decide on the behaviour of AI systems”.

 ?? /Bloomberg ?? No plans to leave: OpenAI CEO Sam Altman says his crisscross­ing Europe to speak to politician­s was ‘very productive’ time of discussing how to regulate artificial intelligen­ce.
/Bloomberg No plans to leave: OpenAI CEO Sam Altman says his crisscross­ing Europe to speak to politician­s was ‘very productive’ time of discussing how to regulate artificial intelligen­ce.

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