Altman tweeted on Friday, “Very productive week of conversations in Europe about how to best regulate AI! We are excited to continue to operate here and of course, have no plans to leave.”
The OpenAI CEO spent the past week crisscrossing Europe, meeting policymakers in France, Spain, Poland, Germany, and the UK to discuss the future of AI and the progress of ChatGPT.
Threats to leave EU
On Wednesday, Altman, while speaking at an event in London, had said that the ChatGPT maker may leave the EU if the bloc “overregulated”.
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“The current draft of the EU AI Act would be over-regulating, but we have heard it’s going to get pulled back,” Altman said. “There’s so much they could do like changing the definition of general-purpose AI systems. There’s a lot of things that could be done”
A General Purpose AI System is a category proposed by lawmakers to account for AI tools with more than one application, such as generative AI models like Microsoft-backed ChatGPT.
However, EU lawmakers were not quite happy with Altman’s threats.
“I don’t see any dilution happening anytime soon,” Dragos Tudorache, a Romanian member of the European Parliament who is leading the drafting of EU proposals, told news agency Reuters.
According to the Reuters report, Dutch MEP Kim van Sparrentak, who has also worked on the draft EU law, said she and her colleagues “shouldn’t let ourselves be blackmailed by American companies.”
She said, “If OpenAI can’t comply with basic data governance, transparency, safety, and security requirements, then their systems aren’t fit for the European market.”
In early May, EU parliamentarians reached common ground on the draft of the EU AI Act, which will now be debated between the representatives of the Parliament, the Council, and the Commission.
OpenAI has closed an investment fund called OpenAI Startup Fund with a value of more than $175 million on Thursday. The AI firm has been investing in startups working in artificial intelligence for a while.
According to media reports, the company launched the OpenAI Startup Fund and said it would seek to back companies “pushing the boundaries of how powerful AI can positively impact the world and profoundly change people’s lives”.
Meanwhile, seven working groups constituted under India’s National programme for Artificial Intelligence are likely to submit recommendations for a comprehensive framework governing various facets of AI in the next two weeks, top officials told ET on Tuesday.
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