US$1B Open AI Foundation

Source: IEEE, Dec 2015

… a group of Silicon Valley luminaries and companies announced that they have committed US$1 billion to an organization they’ve named OpenAI. This nonprofit is dedicated to advancing “digital intelligence in the way that is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return.”

eve it is important to have a nonprofit research organization involved because “It’s hard to predict when human-level AI might come within reach. When it does, it’ll be important to have a leading research institution which can prioritize a good outcome for all over its own self-interest.”

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