OpenAI, Anthropic Sign Deals with US Govt for AI Research and Testing

OpenAI logo is seen in this illustration taken May 20, 2024. (Reuters)
OpenAI logo is seen in this illustration taken May 20, 2024. (Reuters)
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OpenAI, Anthropic Sign Deals with US Govt for AI Research and Testing

OpenAI logo is seen in this illustration taken May 20, 2024. (Reuters)
OpenAI logo is seen in this illustration taken May 20, 2024. (Reuters)

AI startups OpenAI and Anthropic have signed deals with the United States government for research, testing and evaluation of their artificial intelligence models, the US Artificial Intelligence Safety Institute said on Thursday.

The first-of-their-kind agreements come at a time when the companies are facing regulatory scrutiny over safe and ethical use of AI technologies.

California legislators are set to vote on a bill as soon as this week to broadly regulate how AI is developed and deployed in the state.

Under the deals, the US AI Safety Institute will have access to major new models from both OpenAI and Anthropic prior to and following their public release.

The agreements will also enable collaborative research to evaluate capabilities of the AI models and risks associated with them, Reuters reported.

"We believe the institute has a critical role to play in defining US leadership in responsibly developing artificial intelligence and hope that our work together offers a framework that the rest of the world can build on," said Jason Kwon, chief strategy officer at ChatGPT maker OpenAI.

Anthropic, which is backed by Amazon and Alphabet , did not immediately respond to a Reuters request for comment.

"These agreements are just the start, but they are an important milestone as we work to help responsibly steward the future of AI," said Elizabeth Kelly, director of the US AI Safety Institute.

The institute, a part of the US commerce department's National Institute of Standards and Technology (NIST), will also collaborate with the U.K. AI Safety Institute and provide feedback to the companies on potential safety improvements.

The US AI Safety Institute was launched last year as part of an executive order by President Joe Biden's administration to evaluate known and emerging risks of artificial intelligence models.



EV Firm Lotus Tech Slashes Annual Deliveries Forecast as EU, US Tariffs Weigh

British sports car maker Lotus unveils its new fully-electric "Emeya" Hyper-GT in New York City, US, September 7, 2023. REUTERS/Caitlin Ochs Purchase Licensing Rights
British sports car maker Lotus unveils its new fully-electric "Emeya" Hyper-GT in New York City, US, September 7, 2023. REUTERS/Caitlin Ochs Purchase Licensing Rights
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EV Firm Lotus Tech Slashes Annual Deliveries Forecast as EU, US Tariffs Weigh

British sports car maker Lotus unveils its new fully-electric "Emeya" Hyper-GT in New York City, US, September 7, 2023. REUTERS/Caitlin Ochs Purchase Licensing Rights
British sports car maker Lotus unveils its new fully-electric "Emeya" Hyper-GT in New York City, US, September 7, 2023. REUTERS/Caitlin Ochs Purchase Licensing Rights

EV firm Lotus Technology slashed its deliveries forecast for the year by more than 50% on Wednesday, citing uncertainty posed by new tariffs in the United States and the European Union.

Import tariffs imposed by the European Union, the United States and Canada on China-made EVs have added pressure on companies manufacturing their vehicles in China, adding to costs.

"After assessment of the evolving market conditions, and uncertainties posed by new tariff policies in US and EU, the company has revised its delivery target for 2024 to 12,000 units," the company said, according to Reuters.

The company is headquartered in the Chinese city of Wuhan and produces cars through a partnership with parent firm Geely .

Lotus Tech, which focuses on all-electric lifestyle vehicles, is part of British sports car maker Lotus Group, which is owned by Chinese automaker Geely and Malaysia's Etika Automotive.

The company was valued at about $7 billion in a deal with a special purpose acquisition company when it went public in February, but its value has since fallen to about $3.8 billion.

After China and Europe, the company began taking orders for the Eletre SUV in markets across the Middle East, Asia and the Americas.

Deliveries for the three months ended June 30 stood at 2,679 units, compared with 2,194 vehicles in the first quarter.

Revenue for the second quarter was $225 million, compared with $111 million a year earlier.

Lotus Tech said its net loss widened to $202 million in the April-June period from $193 million a year earlier.

Its plans to expand and entry into new regions have led to higher selling and marketing expenses, which rose 73% to $204.3 million in the quarter.