OpenAI CEO Sam Altman expressed the company’s stance against regulating small startups in the field of artificial intelligence during a conference in New Delhi.
Altman made these remarks while participating in an event organized by the national daily Economic Times. “We have clearly said that there should be no regulation on small companies. We have only asked for regulation on ourselves and the big guys,” he said.
Altman’s comments come at a time when OpenAI is expanding its global presence, with the CEO busy meeting with heads of state. The organization raised $10 billion from Microsoft, valuing OpenAI at about $30 billion. This substantial funding is part of OpenAI’s strategy to expand computing capacity.
The company’s position underscores its commitment to self-regulation, advocating for rules and regulations that primarily apply to OpenAI and larger organizations in the AI industry. OpenAI believes that small startups should be given the freedom to operate without excessive regulatory barriers, fostering innovation and competition in the field of artificial intelligence.
