OpenAI Forms Safety Committee as it Starts Training Latest Artificial Intelligence Model

FILE - The OpenAI logo is seen displayed on a cell phone with an image on a computer monitor generated by ChatGPT’s Dall-E text-to-image model, Friday, Dec. 8, 2023, in Boston. OpenAI says it’s setting up a new safety and security committee and has begun training a new artificial intelligence model to supplant the GPT-4 system that underpins its ChatGPT chatbot. The San Francisco startup said in a blog post Tuesday May 28, 2024 that the committee will advise the full board on “critical safety and security decisions” for its projects and operations. (AP Photo/Michael Dwyer, File)
FILE - The OpenAI logo is seen displayed on a cell phone with an image on a computer monitor generated by ChatGPT’s Dall-E text-to-image model, Friday, Dec. 8, 2023, in Boston. OpenAI says it’s setting up a new safety and security committee and has begun training a new artificial intelligence model to supplant the GPT-4 system that underpins its ChatGPT chatbot. The San Francisco startup said in a blog post Tuesday May 28, 2024 that the committee will advise the full board on “critical safety and security decisions” for its projects and operations. (AP Photo/Michael Dwyer, File)
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OpenAI Forms Safety Committee as it Starts Training Latest Artificial Intelligence Model

FILE - The OpenAI logo is seen displayed on a cell phone with an image on a computer monitor generated by ChatGPT’s Dall-E text-to-image model, Friday, Dec. 8, 2023, in Boston. OpenAI says it’s setting up a new safety and security committee and has begun training a new artificial intelligence model to supplant the GPT-4 system that underpins its ChatGPT chatbot. The San Francisco startup said in a blog post Tuesday May 28, 2024 that the committee will advise the full board on “critical safety and security decisions” for its projects and operations. (AP Photo/Michael Dwyer, File)
FILE - The OpenAI logo is seen displayed on a cell phone with an image on a computer monitor generated by ChatGPT’s Dall-E text-to-image model, Friday, Dec. 8, 2023, in Boston. OpenAI says it’s setting up a new safety and security committee and has begun training a new artificial intelligence model to supplant the GPT-4 system that underpins its ChatGPT chatbot. The San Francisco startup said in a blog post Tuesday May 28, 2024 that the committee will advise the full board on “critical safety and security decisions” for its projects and operations. (AP Photo/Michael Dwyer, File)

OpenAI says it's setting up a safety and security committee and has begun training a new AI model to supplant the GPT-4 system that underpins its ChatGPT chatbot.

The San Francisco startup said in a blog post Tuesday that the committee will advise the full board on “critical safety and security decisions" for its projects and operations.

The safety committee arrives as debate swirls around AI safety at the company, which was thrust into the spotlight after a researcher, Jan Leike, resigned and leveled criticism at OpenAI for letting safety “take a backseat to shiny products." OpenAI co-founder and chief scientist Ilya Sutskever also resigned, and the company disbanded the “superalignment” team focused on AI risks that they jointly led, The AP reported.

OpenAI said it has “recently begun training its next frontier model” and its AI models lead the industry on capability and safety, though it made no mention of the controversy. “We welcome a robust debate at this important moment,” the company said.

AI models are prediction systems that are trained on vast datasets to generate on-demand text, images, video and human-like conversation. Frontier models are the most powerful, cutting edge AI systems.

The safety committee is filled with company insiders, including OpenAI CEO Sam Altman and Chairman Bret Taylor, and four OpenAI technical and policy experts. It also includes board members Adam D’Angelo, who’s the CEO of Quora, and Nicole Seligman, a former Sony general counsel.

The committee's first job will be to evaluate and further develop OpenAI’s processes and safeguards and make its recommendations to the board in 90 days. The company said it will then publicly release the recommendations it's adopting “in a manner that is consistent with safety and security.”



Salesforce Gains as Software Firm Bets on AI Tools to Power Growth

The Salesforce logo is pictured on a building in San Francisco, California, US October 12, 2016. REUTERS/Lily Jamali/File Photo Purchase Licensing Rights
The Salesforce logo is pictured on a building in San Francisco, California, US October 12, 2016. REUTERS/Lily Jamali/File Photo Purchase Licensing Rights
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Salesforce Gains as Software Firm Bets on AI Tools to Power Growth

The Salesforce logo is pictured on a building in San Francisco, California, US October 12, 2016. REUTERS/Lily Jamali/File Photo Purchase Licensing Rights
The Salesforce logo is pictured on a building in San Francisco, California, US October 12, 2016. REUTERS/Lily Jamali/File Photo Purchase Licensing Rights

Shares of Salesforce gained more than 5% on Thursday as investors cheered the customer relationship management software maker's upbeat quarterly results and its artificial intelligence push to drive growth.

The company has been heavily investing to integrate its AI technologies into existing products, such as its messaging platform Slack, to enhance their capabilities and attract more customers.

"We continue to see Salesforce as an under-appreciated AI winner as its differentiated data and early success in creating/deploying GenAI agents," Reuters quoted Goldman Sachs analyst Kash Rangan as saying.

Wall Street was concerned that tempered cloud spending would affect Salesforce in a tough economy, but the software-as-a-service (SaaS) firm reported better-than-expected revenue, profit and margins in the second quarter.

Salesforce also raised its profit forecast for the year ending January 2025, as margins continue to expand, thanks to its restructuring efforts last year.

The stock is trading at 24.49 times that of Wall Street's profit expectations, compared with 52.11 for SaaS peer ServiceNow and cloud contact center firm Five9's 13.30.

Salesforce is set to add $14 billion to its market capitalization if premarket gains hold. The company's valuation stood at $248 billion as of Wednesday's close.

"We think these results alone are not good enough to drive a sustainable rally from here. For that, we need more catalysts, which could come with the new AI solutions," which are set to be showcased at its event Dreamforce and launched in October, Barclays analyst Raimo Lenschow said.

Some analysts believe that sustained growth in the coming quarters can come through customer support platform Agentforce, which is not yet commercially available.