Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

ChatGPT owner OpenAI to open first foreign office in UK

by June 29, 2023
June 29, 2023
ChatGPT owner OpenAI to open first foreign office in UK

The US company behind ChatGPT has said its first international office will be based in London.

OpenAI chief executive Sam Altman said the move was an “opportunity to attract world-class talent”.

It comes after he criticised the EU’s proposed legislation regulating artificial intelligence (AI), which would require companies to reveal the content used to train their systems.

The UK meanwhile is planning what it calls “pro-innovation” regulation.

“We are thrilled to extend our research and development footprint into London, a city globally renowned for its rich culture and exceptional talent pool,” said Diane Yoon, OpenAI VP of People.”We are eager to build dynamic teams in research [and] engineering… to reinforce our efforts in creating and promoting safe AI.”

When ChatGPT burst onto the scene last November, the chatbot’s ability to give human-sounding answers to questions kickstarted intense global interest in the latest AI-powered products.

It also sparked a debate about what threats AI potentially poses – and what regulation is needed to mitigate those risks.

At an event at University College London in May, Mr Altman said he believed AI could create jobs and reduce inequality.

Prime Minister Rishi Sunak said at the event that AI could “positively transform humanity” and “deliver better outcomes for the British public, with emerging opportunities in a range of areas to improve public services”.

ChatGPT has proven controversial, being briefly banned in Italy before it was restored in April 2023.

The UK government said it has invested £2.5bn in AI since 2014.

Speaking about the news, Chloe Smith, the Science, Innovation and Technology Secretary, said: “OpenAI’s decision to expand into London as their first international office is another vote of confidence for Britain as an AI powerhouse and, in OpenAI’s own words, for our vibrant technology ecosystem and exceptional talent.

“Our AI sector already employs more than 50,000 people across the country, and we will continue to foster an approach which unlocks opportunity and cements our place as a global destination for artificial intelligence.”

Read more:
ChatGPT owner OpenAI to open first foreign office in UK

0
FacebookTwitterGoogle +Pinterest
previous post
How to Find a Trusted Supplier of Aciclovir in the UK
next post
Defuse the Culture War with Liberated Education

You may also like

Investment app Gather collapses after failing to repay...

August 12, 2024

You’re not ‘working people’, Keir Starmer tells landlords...

October 25, 2024

CIPD: Spring statement fails to support employers, risking...

March 27, 2025

The Importance of Recognition in Employee Onboarding

May 31, 2023

Duncan Bannatyne, OBE, Joins Assisted Living Project as...

January 9, 2024

Lord Sugar’s life to be adapted into major...

November 30, 2024

EU takes action against Elon Musk’s X over...

December 18, 2023

Businesses fail to recognise power of social media...

September 22, 2022

Jeremy Hunt narrowly retains Surrey seat by 900...

July 5, 2024

Aston Martin delays electric ambitions under new CEO...

February 24, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Rand Paul says he would support ‘big, beautiful bill’ if debt ceiling hike removed

      June 1, 2025
    • Kevin Hassett ‘very, very confident’ courts will back Trump’s tariffs amid legal setback

      June 1, 2025
    • Senate Republicans eye changes to Trump’s megabill after House win

      June 1, 2025
    • Trump shares post saying Biden was executed, replaced with clones

      June 1, 2025
    • House Dems’ campaign chair says her party’s ‘on offense’ in 2026 battle to win back majority from GOP

      June 1, 2025
    • Trump warns Rand Paul he’s playing into ‘hands of the Democrats’ with ‘Big, Beautiful Bill’ opposition

      June 1, 2025

    Categories

    • Business (8,105)
    • Investing (2,000)
    • Politics (15,458)
    • Stocks (3,119)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved