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Whos behind one of the most game-changing consumer tech products we’ve seen so far this century? ChatGPT was created by American AI research company OpenAI.

The firm is arguably the most famous AI research and development company in the space. While its flagship product ChatGPT burst onto the scene in 2022, OpenAI has been around since December 2015, and was co-founded by Sam Altman, Elon Musk, and others.

Altman has served as CEO of the company since 2013 — save for an awkward few days in 2023 where he was briefly fired from the position before being reinstated. Up until 2019, OpenAI was a non-profit organization, but it is now for-profit and worth an estimated $80 billion.

Meta has announced it will not be launching its upcoming multimodal AI model in the European Union due to regulatory concerns.

This decision from Meta comes on the heels of Apple’s similar move to exclude the EU from its Apple Intelligence rollout, signalling a growing trend of tech giants hesitating to introduce advanced AI technologies in the region.

Meta’s latest multimodal AI model – capable of handling video, audio, images, and text – was set to be released under an open license. However, Meta’s decision will prevent European companies from utilizing this technology, potentially putting them at a disadvantage in the global AI race.

“We will release a multimodal Llama model over the coming months, but not in the EU due to the unpredictable nature of the European regulatory environment,” a Meta spokesperson stated.

Easy Cloud News

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AI News

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• 💻️ Meet Brex, Google Cloud, Aerospace and more at Disrupt 2024 (link)

• 💸 Quantum Rise grabs $15M seed for its AI-driven ‘Consulting 2.0’ startup (link)

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