OpenAI has ‘no plans to leave’ Europe due to regulations, CEO says

Days after OpenAI CEO Sam Altman said the company might have to cease operations in Europe if the EU’s AI Act regulations passed in their current form, he has has seemingly rolled back on his comments.

Despite recently telling US lawmakers he was in favor of regulating AI, when speaking to reporters in the UK earlier this week, Altman said he had “many concerns” about the EU’s AI Act and even accused the bloc of “over-regulating.”

OpenAI is the Microsoft-backed firm that has developed the groundbreaking but somewhat controversial ChatGPT generative AI system.

“We will try to comply, but if we can’t comply we will cease operating,” said Altman, according to a report from The Financial Times. The act is currently being debated by representatives of the EU’s Parliament, Council and Commission, and is due to be finalized next year.

However, in a Tweet posted on Friday morning, Altman appeared to dial down the rhetoric, writing: “very productive week of conversations in europe about how to best regulate AI! we are excited to continue to operate here and of course have no plans to leave.”

His earlier comments had angered lawmakers in Europe, with a number of politicians arguing that the level of regulation being proposed by the EU was necessary in order to deal with the concerns around generative AI.

Copyright © 2023 IDG Communications, Inc.

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