Hasty Briefsbeta

'We can do it for under $100M': Startup joins race to build local ChatGPT

2 days ago
  • #Entrepreneurship
  • #Australia
  • #Artificial Intelligence
  • Two Australian entrepreneurs, Simon Kriss and Troy Neilson, founded Sovereign Australia AI.
  • They aim to create a local alternative to AI models by tech giants like OpenAI and Meta.
  • $10 million has been earmarked to compensate copyright owners for their work.
  • Concerns include Australia's reliance on AI technology decisions made in the US or China.