OpenAI CEO stands against regulating smaller AI startups

New Delhi: OpenAI CEO Sam Altman has voiced the company’s opposition to regulating smaller startups in the Artificial Intelligence (AI) sector.

Altman made this statement during a conference in New Delhi, expressing OpenAI’s commitment to self-regulation.

Speaking at an event hosted by the Economic Times, Altman clarified OpenAI's position, saying, "We have explicitly said there should be no regulation on smaller companies. The only regulation we have called for is on ourselves and people bigger."

CEO remarks come as OpenAI expands its global presence, engaging in meetings with world leaders and securing substantial investments

Microsoft, for instance, has invested $10 billion in OpenAI, valuing the company at approximately $30 billion.