Hasty Briefsbeta

George Osborne Joins OpenAI

3 days ago
  • #Government Partnerships
  • #Tech Investment
  • #Artificial Intelligence
  • Former UK chancellor George Osborne joins OpenAI to lead the 'OpenAI for Countries' program.
  • The program aims to help governments enhance their AI capacity and ensure AI systems align with democratic values.
  • Osborne will work on expanding partnerships, developing AI infrastructure, and improving public services through AI.
  • His decision to join OpenAI follows discussions with CEO Sam Altman and COO Brad Lightcap.
  • The announcement comes amid stalled UK-US tech deal negotiations and concerns over an AI market bubble.
  • OpenAI for Countries has engaged with over 50 countries to promote responsible AI development.
  • Osborne leaves his role at investment bank Evercore to take up this new position.
  • The Bank of England warns of a potential correction in tech company valuations fueled by AI sector debt.