Maiden summit on AI safety sees 16 top companies ink new commitments

Over a dozen of the world's leading artificial intelligence firms made fresh safety commitments at a global summit in Seoul, the British government said Tuesday. The agreement with 16 tech firms - which include ChatGPT-maker OpenAI, Google DeepMind and Anthropic - builds on the consensus reached at the inaugural global AI safety summit at Bletchley Park in Britain last year.

"These commitments ensure the world's leading AI companies will provide transparency and accountability on their plans to develop safe AI," UK Prime Minister Rishi Sunak said in a statement released by Britain's Department for Science, Innovation and Technology.

Under the pact, the AI companies that have not already shared how they assess the risks of their technology will publish those frameworks, according to the statement. These will include what risks are "deemed intolerable" and what the firms will do to ensure that these thresholds are not crossed.


"In the most extreme circumstances, the companies have also committed to 'not develop or deploy a model or system at all' if mitigations cannot keep risks below the thresholds," the statement said.

The definition of these thresholds will be decided ahead of the next AI summit, due to be hosted by France in 2025. The firms that have agreed on the safety rules also include US tech titans Microsoft, Amazon, IBM and Instagram parent Meta; France's Mistral AI; and Zhipu.ai from China.

AI data startup valued at $14 bn
Meanwhile AI data startup Scale AI said it had raised $1 billion in a late-stage funding round led by venture capital firm Accel with participation from tech giants Nvidia, Amazon, and Meta, raising its value to nearly $14 billion. Founded in 2016, Scale AI provides vast amounts of accurately labeled data. Agencies