“Fifth, the board determines when we've attained AGI. Again, by AGI we mean a highly autonomous system that outperforms humans at most economically valuable work. Such a system is excluded from IP licenses and other commercial terms with Microsoft, which only apply to pre-AGI
POLICY
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OpenAI Independence: Microsoft Partnership Excludes AGI Control
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“While our partnership with Microsoft includes a multibillion dollar investment, OpenAI remains an entirely independent company governed by the OpenAI Nonprofit. Microsoft has no board seat and no control. And, as explained above, AGI is explicitly carved out of all commercial
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OpenAI Board Independence and Equity Structure Clarified
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“Third, the board remains majority independent. Independent directors do not hold equity in OpenAI. Even OpenAI’s CEO, Sam Altman, does not hold equity directly. His only interest is indirectly through a Y Combinator investment fund that made a small investment in OpenAI before
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AI Profit Cap Structure Ensures Humanity Benefits
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“Fourth, profit allocated to investors and employees, including Microsoft, is capped. All residual value created above and beyond the cap will be returned to the Nonprofit for the benefit of humanity.”
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OpenAI’s Nonprofit Mission Supersedes For-Profit Subsidiary Interests
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“While the for-profit subsidiary is permitted to make and distribute profit, it is subject to this mission. The Nonprofit’s principal beneficiary is humanity, not OpenAI investors.”
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OpenAI Nonprofit Controls For-Profit Subsidiary Structure
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So so so many useful quotes from this page: “First, the for-profit subsidiary is fully controlled by the OpenAI Nonprofit”
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EU Digital Funding 2021-2027 Framework Shapes Europe’s Future
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Funding for Digital in the 2021-2027 Multiannual Financial Framework | Shaping Europe’s digital future https://
europa.eu/!C38mQf
#Digitaleu #europe #digital #funding #innovation @ArturHabant @elaniaz @JolaBurnett @kalydeoo @3itcom @jblefevre60 @Ym78200 @pierrepinna @LaurentAlaus -
EU Digital Identity Wallet: Final Agreement Welcomed
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Commission welcomes final agreement on EU Digital Identity Wallet https://
ec.europa.eu/commission/pre
sscorner/detail/en/ip_23_5651/smo
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#digitaleu #digital #europe #wallets #innovation #technology @ArturHabant @elaniaz @PawlowskiMario @JolaBurnett @BetaMoroney @Hana_ElSayyed @CurieuxExplorer @Shi4Tech @LaurentAlaus @enilev -
Web Summit 2023: Digital Innovation Funding Opportunities Europe
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Web Summit 2023 https://
europa.eu/!whQxXN
#digitalEU #websummit #HaDEA #funding #nnovation #europe @PawlowskiMario @CurieuxExplorer @Shi4Tech @smaksked @mvollmer1 @pierrecappelli @ipfconline1 @BetaMoroney @JolaBurnett @AnthonyRochand @Fabriziobustama @enilev @sbretonniere @3itcom -
AI Responsibility Pioneer Recognized for Years of Work
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Wise words from a pioneer who has been working on AI Responsibility behind the scenes for many years. Thank you Helen! https://t.co/OIFOR11Xzo
— Nando de Freitas (@NandoDF) 11 novembre 2023Wise words from a pioneer who has been working on AI Responsibility behind the scenes for many years. Thank you Helen!