OpenAI Warns US of Losing $175 Bn to China

News Snapshot:

OpenAI has cautioned that the United States risks losing an estimated $175 billion in global investment for AI projects to China-backed initiatives. In its newly released Economic Blueprint, the company emphasised the urgency of attracting these funds to maintain the nation’s leadership in artificial intelligence and counter the influence of the Chinese Communist Party. “If the US doesn’t attract those funds, they will flow to China-backed projects—strengthening the Chinese Communist Party’s global influence,” OpenAI said in its report. The blueprint calls for a unified national approach to foster innovation while implementing responsible regulations for AI development. OpenAI advocates for policies...