Artificial Intelligence

OpenAI tug-of-war shows that when the chips are down, money talks

Fears that AI could become concentrated in the hands of just one or two firms, that value profit over safety, have now been realised

Sam Altman, the company’s chief executive and someone who has become the public face of AI, was ousted by OpenAI’s board. Picture: Getty

If the recent boardroom upheaval at OpenAI shows us anything it is that the future of artificial intelligence will be determined by the money men.

Perhaps it was always destined to be, but there was once a brief hope that it might prove otherwise.

The company behind ChatGPT has stolen the lead in the race to bring groundbreaking AI technology to the masses.

In doing so, its valuation has jumped from $29 billion to $86 ...