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OpenAI to release $100,000 for AI research

OpenAI to release $100,000 for AI research

OpenAI, the startup behind the famous ChatGPT artificial intelligence chatbot, announced on Thursday that it will distribute ten equal grants from a $1 million fund for democratic procedures to establish how AI software should be managed to address bias and other concerns.

According to a blog post launching the initiative, the $100,000 prizes will go to applicants who give persuasive frameworks for answering concerns such as whether AI should criticise prominent figures and what it should consider the “median individual” in the globe.

OpenAI, financed by $10 billion from Microsoft, has been at the forefront of the campaign for AI regulation. Nonetheless, it recently threatened to leave the European Union over new laws.

“The current draft of the EU AI Act would be over-regulating, but we have heard it’s going to get pulled back,” OpenAI’s CEO, Sam Altman told Reuters.

The startup’s grants would not be enough to fund significant AI research. Salaries for AI developers and others in this brisk industry easily exceed $100,000 and can reach $300,000.

The San Francisco startup said the financing results could influence its own views on AI governance, though no recommendations would be “binding.”

Altman has been a strong advocate for AI regulation while also releasing new versions of ChatGPT and the image-generator DALL-E. He spoke before a U.S. Senate subcommittee this month, stating, “If this technology goes wrong, it can go quite wrong.” disinformation or factual mistakes, which industry insiders refer to as “hallucinations.”

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