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An in-demand talent pool"Many previously poorly understood secrets will be more widely disseminated across the ecosystem," one European AI founder who spoke on the condition of anonymity said. But European competitors can still benefit from OpenAI's implosion. The startup had been on an uninterrupted run for the past year, said EarlyBird VC partner and Aleph Alpha investor Andre Retterath. The turmoil at OpenAI has also galvanized both AI founders and investors in Europe. The company's top expenditure, besides employee salaries, is manually cleaning and sourcing the data they use to train their models, a European VC said.
Persons: Sam Altman, unseats, Nathan Benaich, Altman, Marc Benioff, Salesforce, Silvio Savarese, Einstein, 1RXoc9ekeo, Benaich, Alpha, EarlyBird, Andre Retterath, Retterath, Mariam Pettit, they've, OpenAI, Andrew Scott, 7percent, David Grimm, Grimm, Rebecca Gorman Organizations: Air Street Capital, Business, Aleph Alpha, Microsoft, Google, Alpha, Global Founders Capital, Albion Locations: Europe, OpenAI
Men are getting rich from AI. Women, not so much.
  + stars: | 2023-10-07 | by ( Tom Carter | ) www.businessinsider.com   time to read: +5 min
New research finds that female-led AI companies are missing out on the global rush to invest in AI. AI startups founded by women in the UK raised six times less than those founded by men in the past decade. This occurs even as the number of female-founded AI companies that are launching, rises. "One of our biggest priorities is ensuring AI models are fair and unbiased," she said. "While AI is heavily male-dominated and we still see a big gender disparity at AI events in San Francisco, we're hopeful this will change as more women become involved in AI companies.
Persons: , Alan Turing Institute's, it's, Erin Young, Rebecca Gorman, they've, OpenAI's DALL, Angela Hoover, Andi, Dr Young Organizations: Service, Data Science, Turing Institute, Funds, Amazon Locations: California, San Francisco
While investors have poured billions into AI startups, concern about AI's capabilities has grown. People don't all have the same value systems, so AI alignment can look different depending on where the AI is operated and deployed. Investors poured $29 billion into AI startups in the first six months of 2023. Aligned AI. The drive to fund AI safetyAI researchers are also vigilant about where the funds for AI safety and alignment come from.
Persons: ChatGPT, Stuart Armstrong, Rebecca Gorman, , Gorman, OpenAI's Sam Altman, Demis Hassabis, Bill Gates, Connor Leahy, Leahy, it's, Sam Bankman, Ian Hogarth, Hogarth Organizations: Oxford University, Investors, Alameda Research, FTX Locations: London
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