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IBM, Meta and others form ‘AI Alliance’ to advance AI development

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 112 Views

In a joint statement, IBM and Meta outlined the AI Alliance’s objectives, emphasizing a commitment to safety, collaboration, diversity, economic opportunity and universal benefits.

In the race for market supremacy among artificial intelligence (AI) firms, a coalition of technology leaders spearheaded by IBM and Meta established the AI Alliance. Rather than competing, these companies aim to collaborate, emphasizing their commitment to fostering transparent innovation and responsible development in artificial intelligence.

In a joint statement, IBM and Meta outlined the AI Alliance’s objectives, emphasizing a commitment to safety, collaboration, diversity, economic opportunity and universal benefits. The alliance, they noted, encompasses a collective annual research and development investment exceeding $80 billion.

While numerous members endorse open-source development, adherence to this model is not obligatory for membership. Over 50 tech companies, such as AMD, Dell Technologies, Red Hat, Sony Group, Hugging Face, Stability AI, Oracle and the Linux Foundation, have joined with IBM and Meta in the AI Alliance.

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