OpenAI CEO urges Congress to reject AI model approvals

OpenAI CEO Sam Altman is urging US lawmakers to reject proposals requiring model approvals. He instead seeks more funding for federal AI safety testing.

OpenAI CEO Sam Altman will lobby United States lawmakers on Wednesday to reject proposals requiring government approval before releasing new AI models. The push comes as OpenAI and rival Anthropic both prepare for confidential initial public offerings. Mandatory federal approvals could curb industry profits by delaying product rollouts or forcing security-driven design changes.

Altman Seeks Funding Over Regulation

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.