🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Ousted OpenAI CEO Altman welcome in France, minister says

Published 11/18/2023, 09:04 AM
Updated 11/18/2023, 09:06 AM
© Reuters. Sam Altman, CEO of OpenAI, attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. REUTERS/Carlos Barria
MSFT
-
GOOGL
-

PARIS (Reuters) - Ousted OpenAI CEO Sam Altman is welcome in France, France's digital minister said in a statement on X, a day after the board of the company behind ChatGPT fired Altman without giving a reason.

"Sam Altman, his team and their talents are welcome in France if they want to," Digital Minister Jean-Noel Barrot said in a statement on X on Saturday.

In May, during on a trip through European capitals for talks with political leaders, Altman met with French President Emmanuel Macron to discuss the place of France and Europe in the global race for artificial intelligence (AI).

Microsoft-backed OpenAI released its ChatGPT chatbot in late 2022. It uses generative AI meaning it can learn from past data to create new content including text, images and computer code.

In a video message to tech leaders on Friday, Macron said generative AI has huge potential and that France plans a conference about AI in Paris next year.

He added France had been an AI pioneer five years ago, with a dedicated strategy and a 1.5 billion euro budget.

Macron said it is a "civilisational challenge" for France to make sure AI algorithms are not only fed English-language content.

"I want it to also reflect our French culture and language and our way of thinking," Macron said, adding France would open its databases to AI, while protecting copyright and ensuring adequate regulation.

Macron also welcomed the launch this week of Kyutai, a non-profit AI research laboratory founded by French tech billionaire Xavier Niel, French CMA CGM shipping group chief Rodolphe Saade, and former Google (NASDAQ:GOOGL) CEO Eric Schmidt.

© Reuters. Sam Altman, CEO of OpenAI, attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. REUTERS/Carlos Barria

Niel's Iliad Group and CMA CGM have each contributed 100 million euros to Kyutai, which has total investments of nearly 300 million euros.

At the start of his first term in office, Macron pledged he would fight to prevent France from falling behind U.S. and Chinese tech giants, but five years later, no European firm is among the leaders in generative AI.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.