Leading players in the artificial intelligence, AI industry, including OpenAI, Microsoft (MSFT.O), Google (GOOGL.O), and Anthropic, announced on Wednesday the launch of a forum aimed at regulating the development of large machine learning models.
The focus of the collaboration is to ensure responsible and secure advancement of “frontier AI models.”
Concerns have been raised by governmental bodies, including the European Union, and industry leaders like OpenAI CEO Sam Altman. They advocate for the implementation of appropriate guardrails to mitigate the risks associated with its development.
The newly-formed industry body, Frontier Model Forum, is to advance research on AI safety, identifying best practices for deploying frontier AI models, and fostering collaboration with policymakers, academic institutions, and corporations.
Microsoft President, Brad Smith, stressed the responsibility of companies in ensuring the safety, security, and human control of AI technology. In a statement, he underscored the significance of their collective efforts to protect public welfare.
In the forthcoming months, the forum will establish an advisory board and secure funding through a working group.
