Google, Microsoft, OpenAI, as well as Google-owned DeepMind and buzzy startup Anthropic have formed a new “AI alliance.”
According to a new press release…
The AI industry big boys have formed The Frontier Model Forum: An industry-led body with the goal to enforce “safe and responsible development” of AI.
As Microsoft’s president said:
“Companies creating AI technology have a responsibility to ensure that it is safe, secure, and remains under human control. This initiative is a vital step to bring the tech sector together in advancing AI responsibly and tackling the challenges so that it benefits all of humanity.”
It sort of looks like a stab at AI industry regulation.
Meanwhile, Mark Zuckerberg wasn’t invited to the join the club.
The Forum does say that others can sit with them in the future…
… IF they’re making what the groups considers “frontier models.”
They describe this as “large-scale machine-learning models that exceeded the capabilities currently present in the most advanced existing models and can perform a wide variety of tasks.”
The AI industry is still in its baby steps.
And it’s good to see its leaders coming together.
Meanwhile, it’s also offering outstanding profit opportunities.
Especially if you look BEYOND the big tech stocks.
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Because AI is the biggest transformational tech trend of the last 20 years.
As Bill Gates just said, it will “change our world.”
Banking giant UBS says the AI market could be worth a trillion dollars.
And some of the biggest names in tech are making massive investments in AI.
Elon Musk just started a new AI company to challenge ChatGPT…
And even Amazon announced that it’s joining the AI race with two new AI language models available through its cloud platform, Amazon Web Services.
This NEW wave of investments in AI is creating a huge opportunity for investors who jump into the right trades RIGHT NOW.
Thankfully, this is only the 1st inning of this brand-new tech boom.
So it’s as early stage as it gets.
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