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OpenAI CEO Speaks Against Regulation Of Smaller AI Startups

By  |  June 7, 2023

During a conference in New Delhi, Sam Altman, the Chief Executive of ChatGPT’s parent company, OpenAI, expressed opposition to regulating smaller startups involved in artificial intelligence.

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    At an event hosted by the national daily Economic Times, he stated that smaller companies should not be regulated, but regulation should apply to themselves and larger entities.

    Read more: OpenAI To Continue Operating In EU, CEO Sam Altman Tweets

    Altman is currently traveling around the world and meeting with various heads of state.

    OpenAI has secured $10 billion in funding from Microsoft and is focused on expanding its computing capabilities, resulting in a current valuation of nearly $30 billion.