© Reuters.
On July 21, The White House announced that prominent artificial intelligence (AI) companies, such as OpenAI, Google (NASDAQ:) and Microsoft (NASDAQ:), have committed to developing AI technology that is safe, secure and transparent. The White House also acknowledged other companies like Amazon (NASDAQ:), Anthropic, Meta and Inflection for committing to AI safety.
The Biden Administration emphasized the responsibility of the companies to ensure the safety of their products and harness AI’s potential while promoting high standards in its development.