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OpenAI, the developer of ChatGPT, announced its collaboration with Anthropic and Google to establish a regulatory body to oversee AI risks. This partnership comes in response to growing calls to curb and restrict the development of artificial intelligence, with the new authority to be modeled after the American Financial Industry Regulatory Authority (FINRA), which supervises financial intermediaries and investment firms. This move occurs amid calls from influential figures such as Elon Musk and Gary Gensler to slow down the pace of AI development.
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