Close Menu
Trader News
  • Markets
    • Stocks
    • Futures
    • Forex
    • Commodities
    • OTC
    • QB
    • QX
    • PINK
    • Crypto
    • Options
    • Bonds
  • Crypto
    • Market
    • BTC
    • NFTs
    • DeFi
  • Technology
    • Web3
    • FinTech
    • EdTech
    • AI
  • Startups
  • Real Estate
  • Personal Finance
    • Retirement
    • Investing
  • More
    • Market Data
    • Glossary
    • Crypto Heatmap
    • Newsletter
    • Submit News
    • Exchanges, Brokerage and Savings Platforms
X (Twitter)
X (Twitter) TikTok YouTube RSS
Trader News
  • Markets
    1. Stocks
    2. Futures
    3. Forex
    4. Commodities
    5. OTC
    6. QB
    7. QX
    8. PINK
    9. Crypto
    10. Options
    11. Bonds
    Featured

    Top 3 Health Care Stocks That Are Preparing To Pump This Quarter – RxSight (NASDAQ:RXST), Prothena Corp (NASDAQ:PRTA)

    By News RoomMay 9, 2025 7:41 am EDT0
    Recent

    Top 3 Health Care Stocks That Are Preparing To Pump This Quarter – RxSight (NASDAQ:RXST), Prothena Corp (NASDAQ:PRTA)

    May 9, 2025 7:41 am EDT

    Melinda French Gates Calls $200 Billion Gates Foundation Endowment For Global Health ‘Fantastic’, Pledges Personal Funds for Gender Equality: ‘..Ready To Set More Of An Agenda Here In The United States’ – Microsoft (NASDAQ:MSFT)

    May 9, 2025 7:39 am EDT

    Enbridge Reports Record Quarterly Results and Reaffirms 2025 Financial Guidance, Illustrating Its Industry Leading, Resilient Business Model – Enbridge (NYSE:ENB)

    May 9, 2025 7:36 am EDT
  • Crypto
    1. Market
    2. BTC
    3. NFTs
    4. DeFi
    Featured

    Bitcoin eyes sub-$100K liquidity — Watch these BTC price levels next

    By News RoomMay 9, 2025 6:42 am EDT0
    Recent

    Bitcoin eyes sub-$100K liquidity — Watch these BTC price levels next

    May 9, 2025 6:42 am EDT

    How high can Bitcoin price go?

    May 9, 2025 5:20 am EDT

    Metaplanet is raising another $21M through bonds to buy more Bitcoin

    May 9, 2025 4:07 am EDT
  • Technology
    1. Web3
    2. FinTech
    3. EdTech
    4. AI
    Featured

    Sam Altman Tells Congress US Must Pursue ‘Sensible Regulation,’ Avoid ‘Silly Mistake’ To Stay Ahead Of China In AI Race: ‘It’s Hard To Say How Far Ahead We Are…’ – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

    By News RoomMay 9, 2025 7:43 am EDT0
    Recent

    Sam Altman Tells Congress US Must Pursue ‘Sensible Regulation,’ Avoid ‘Silly Mistake’ To Stay Ahead Of China In AI Race: ‘It’s Hard To Say How Far Ahead We Are…’ – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

    May 9, 2025 7:43 am EDT

    Tinder Parent Match Group Cuts 13% Of Workforce After Earnings Miss, Taps Gen Z Features Like ‘Double Date’ To Spark Growth – Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), Match Group (NASDAQ:MTCH)

    May 9, 2025 6:24 am EDT

    Reddit Cracks Down After AI Bots Secretly Infiltrated Debate Forum

    May 8, 2025 8:55 pm EDT
  • Startups
  • Real Estate
  • Personal Finance
    1. Retirement
    2. Investing
    Featured

    Stay away from this travel booking giant after its latest earnings report, Piper Sandler warns

    By News RoomMay 9, 2025 7:20 am EDT0
    Recent

    Stay away from this travel booking giant after its latest earnings report, Piper Sandler warns

    May 9, 2025 7:20 am EDT

    Dan Ives names his favorite ways to play the AI revolution from here

    May 9, 2025 1:09 am EDT

    Best Stocks: The unique internet retailer that’s cheap, trending higher and a possible trade war winner

    May 8, 2025 10:53 pm EDT
  • More
    • Market Data
    • Glossary
    • Crypto Heatmap
    • Newsletter
    • Submit News
    • Exchanges, Brokerage and Savings Platforms
Login
Trader News
You are at:Home » Sam Altman Tells Congress US Must Pursue ‘Sensible Regulation,’ Avoid ‘Silly Mistake’ To Stay Ahead Of China In AI Race: ‘It’s Hard To Say How Far Ahead We Are…’ – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)
AI

Sam Altman Tells Congress US Must Pursue ‘Sensible Regulation,’ Avoid ‘Silly Mistake’ To Stay Ahead Of China In AI Race: ‘It’s Hard To Say How Far Ahead We Are…’ – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

News RoomNews RoomMay 9, 2025 7:43 am EDT0 ViewsNo Comments2 Mins Read
Facebook Twitter Telegram WhatsApp Pinterest LinkedIn Tumblr Email Reddit
Share
Facebook Twitter LinkedIn Pinterest Email

On Thursday, OpenAI CEO Sam Altman appeared before Congress for the very first time in 2 years, providing a clear message: The U.S needs to concentrate on development, not overregulation, if it wants to keep its lead over China in expert system.

What Occurred: Altman, dressed conservatively in a dark match and blue tie, dealt with a group of legislators throughout the Capitol Hill hearing, reported Fortune.

In action to a concern from Sen. Ted Cruz ( R-Tex.) about how close China is to U.S. AI abilities, Altman stated, “It’s difficult to state how far ahead we are, however I would state not a big quantity of time.”

See Likewise: Elon Musk States Will Come As A ‘Surprise To Many’ As China’s Economy Surpasses United States And EU Amidst Increasing Tariffs And Growing Economic Crisis Worries

Altman included that designs established by OpenAI, Alphabet Inc.’s GOOG GOOGL Google, and other U.S. business are presently the very best on the planet, however remaining ahead needs “reasonable guideline” that “does not slow us down.”

This is not brain surgery, Altman mentioned, including, “We simply require to keep doing the important things that have actually worked for so long and not make a ridiculous error.”

Sign Up For the Benzinga Tech Trends newsletter to get all the most recent tech advancements provided to your inbox.

Why It is essential: Altman’s testament marks a striking shift from his 2023 look, when he concentrated on AI security and required strong federal government oversight to handle the threats of effective AI designs.

With China strongly buying AI advancement, Altman argued that the U.S. requires to reinforce its abilities to protect a management position in this crucial innovation.

While some legislators raised concerns about OpenAI’s organization practices, the general tone of the hearing was helpful, showing bipartisan acknowledgment of the stakes associated with the U.S.-China AI race, the report stated.

Previously today, OpenAI likewise called Instacart CEO Fidji Simo as its very first CEO of Applications, a recently developed function reporting straight to Altman.

ChatGPT-parent has actually likewise apparently notified financiers that it means to decrease the part of its earnings shown Microsoft Corporation MSFT

Take A Look At more of Benzinga’s Customer Tech protection by following this link

Read Next:

Disclaimer: This material was partly produced with the aid of AI tools and was examined and released by Benzinga editors.

Image Via Shutterstock

Source.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Tinder Parent Match Group Cuts 13% Of Workforce After Earnings Miss, Taps Gen Z Features Like ‘Double Date’ To Spark Growth – Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), Match Group (NASDAQ:MTCH)

AI May 9, 2025 6:24 am EDT

Reddit Cracks Down After AI Bots Secretly Infiltrated Debate Forum

AI May 8, 2025 8:55 pm EDT

New Mistral AI Version Drops: A Worthy ChatGPT and Claude at a Fraction of the Cost

AI May 8, 2025 7:42 pm EDT

Scientists use AI facial analysis to predict cancer survival outcomes

AI May 8, 2025 6:38 pm EDT

SoundHound AI Stock Slides On Mixed Q1 Results, Reaffirms FY25 Outlook – SoundHound AI (NASDAQ:SOUN)

AI May 8, 2025 6:28 pm EDT

After SpaceX, Cathie Wood Bets Big on Elon Musk’s xAI

AI May 8, 2025 5:17 pm EDT
Add A Comment
Leave A Reply Cancel Reply

You must be logged in to post a comment.

Latest News

Top 3 Health Care Stocks That Are Preparing To Pump This Quarter – RxSight (NASDAQ:RXST), Prothena Corp (NASDAQ:PRTA)

May 9, 2025 7:41 am EDT

Melinda French Gates Calls $200 Billion Gates Foundation Endowment For Global Health ‘Fantastic’, Pledges Personal Funds for Gender Equality: ‘..Ready To Set More Of An Agenda Here In The United States’ – Microsoft (NASDAQ:MSFT)

May 9, 2025 7:39 am EDT

Enbridge Reports Record Quarterly Results and Reaffirms 2025 Financial Guidance, Illustrating Its Industry Leading, Resilient Business Model – Enbridge (NYSE:ENB)

May 9, 2025 7:36 am EDT

Stay away from this travel booking giant after its latest earnings report, Piper Sandler warns

May 9, 2025 7:20 am EDT

Bitcoin eyes sub-$100K liquidity — Watch these BTC price levels next

May 9, 2025 6:42 am EDT

Subscribe to Updates

Get the latest markets news and updates directly to your inbox.

[newsletter_form]

Top News

AI

Tinder Parent Match Group Cuts 13% Of Workforce After Earnings Miss, Taps Gen Z Features Like ‘Double Date’ To Spark Growth – Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), Match Group (NASDAQ:MTCH)

By News RoomMay 9, 2025 6:24 am EDT0

Dating app giant Tinder, Hinge, and Match.com’s moms and dad business, Match Group Inc. MTCH,…

Steve Huffman Says Reddit Employees Were ‘Wrapped Up In Idealism’ And ‘Not Working Very Hard’ Before His 2015 Comeback As CEO – Reddit (NYSE:RDDT)

May 9, 2025 6:22 am EDT

Plug Power Partners Up With BASF: Will Use German Company’s Purification Tech To Liquify Hydrogen – Plug Power (NASDAQ:PLUG)

May 9, 2025 6:21 am EDT

US Stock Futures Flicker Between Gains And Losses After Strong Three-Day Run: ‘Tariffs Are Steering The Boat Again,’ Says Expert – Ford Motor (NYSE:F), Coinbase Global (NASDAQ:COIN)

May 9, 2025 6:19 am EDT
About
About

Trader News is the only source for the latest news and updates about the market, finance, crypto and real estate. Follow us to get the only news that matters.
We're social, connect with us:

X (Twitter) YouTube TikTok
Popular News

OpenAI shakes up corporate structure with goal of scaling up AGI investment

May 5, 2025 5:32 pm EDT

Cisco, UPS, other companies adjusting workforce as they embrace AI: report

May 5, 2025 8:34 pm EDT

OpenAI Hires Former Meta and Instacart Exec in Leadership Reshuffle

May 8, 2025 8:39 am EDT

Subscribe to Updates

Get the latest markets news and updates directly to your inbox.

[newsletter_form]
Copyright © 2025. TraderNews. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?