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$1 Billion invested by Elon Musk and Others towards Artificial Intelligence Research

Announced this Friday, Open AI Inc has been formed by Elon Musk, of Tesla Motors, and others in order to support the advancement of Artificial Intelligence.  The Founders appear to have altruistic motives in creating A.I. to help humanity.

They also want to keep Open A.I as a not-for-profit company, possibly to avoid contaminating the progress of an ethical AI system.  The plan might be to develop better AI for driver-less cars, but the company plans to use it for other things too. Here is a description from Open AI:

“OpenAI is a non-profit artificial intelligence research company. Our goal is to advance digital intelligence in the way that is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return.

Since our research is free from financial obligations, we can better focus on a positive human impact. We believe AI should be an extension of individual human wills and, in the spirit of liberty, as broadly and evenly distributed as is possible safely.

The outcome of this venture is uncertain and the work is difficult, but we believe the goal and the structure are right. We hope this is what matters most to the best in the field.”

Take a look at the description of Open A.I. on the official website at

Robert Mcmillan and Alistair Barr had the following to report:

“The group’s backers include A-list entrepreneurs including Tesla Motors Inc. CEO Elon Musk, Y Combinator President Sam Altman, LinkedIn Corp. co-founder Reid Hoffman, venture capitalist Peter Thiel and Jessica Livingston, a Y Combinator partner.

The idea for OpenAI crystallized last summer as a result of ongoing discussions between Mr. Musk and Mr. Altman over the future of AI. Mr. Musk has warned in the past that the future of the Earth is at risk if AI develops in the wrong ways. Tesla, one of the companies he leads, is adding autonomous capabilities to its cars that require AI technology such as image recognition.”



Here are some videos of Elon Musk discussing the future of Artificial Intelligence:

About Jason Edgerton

Mr. Edgerton holds a university degree in philosophy. He aims to provide valuable news content for Youth Independent readers.