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Sam Altman, CEO of OpenAI, addressed the need for substantial AI infrastructure at the FinRegLab AI Symposium. He emphasized that AI requires significant resources, including power and data centers, and called for federal support to foster industry growth. Altman suggested that President Trump could become a visionary leader by championing this infrastructure development for national prosperity and security.
Altman expressed enthusiasm for AI's potential to transform the financial services sector but urged caution in its application. He proposed the establishment of a federal oversight body to ensure AI technologies are safe before public release. This would involve a testing framework similar to those used for new drivers or aircraft, ensuring that AI models meet safety standards.
• Altman urges federal support for AI infrastructure development.
• Proposes federal oversight for safe AI technology deployment.
AI infrastructure refers to the essential resources like power and data centers needed for AI development.
Federal oversight involves government regulation to ensure the safety of AI technologies before public use.
A testing framework is a structured approach to evaluate the safety and effectiveness of AI models.
OpenAI is focused on developing advanced AI technologies and has raised significant funding for its initiatives.
Microsoft partners with OpenAI, contributing to the development and deployment of AI solutions.
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