Anthropic says California AI bill's benefits likely outweigh costs

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The benefits of California's revised bill that seeks to regulate how artificial intelligence is developed and deployed in the state likely outweigh the costs, Anthropic said on Thursday.

San Francisco-based Anthropic is a rival to ChatGPT-maker OpenAI and is backed by Amazon and Alphabet.

The revised bill did away with a provision for a government AI oversight committee.

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Category: EconomyBusiness

Markets: Singapore

Topics: Wiener Outweigh State Likely Openai Anthropic Benefits California Bill Costs Revised

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-23 @ 16:06:56 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 400 words

Reading Time: 3 minutes read

Sentences: 17 lines

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News ID: 22226111

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