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OpenAI is working with rivals Anthropic and Alphabet's Google DeepMind on AI safety, Bloomberg News reported on Tuesday, citing the ChatGPT maker's global policy chief Chris Lehane.
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Alphabet NASDAQ: GOOGL put together a notable move on Monday, climbing more than 3% to close at $349.39, even as the broader conversation around artificial intelligence turned fairly cautious over the weekend.
Alphabet trades at a multiple that would make sense for a company with no growth story, yet its Cloud backlog just hit half a trillion dollars.
Researchers from OpenAI and Anthropic have sounded the alarm in the past week over potential catastrophic AI risks. Concerns have sparked a political firestorm in Washington, as U.S. President Donald Trump on Monday raged against growing calls for AI regulation.
On the surface, stopping artificial intelligence from seeing itself as conscious seems like a no-brainer. An AI model that sees itself as possessing individual emotions, beliefs, and consciousness can promote harmful delusions in its users and lead to overly personal human-machine relationships.
A former Google DeepMind employee on Monday became the latest AI researcher to warn that the technology could "kill all humans", saying time could be running out to avoid the outcome.
Shares of Meta Platforms (NASDAQ:META | META Price Prediction) climbed 7.12% over the past week to $660.71, while Alphabet (NASDAQ:GOOGL) added 2.09% and Microsoft (NASDAQ:MSFT) held roughly flat at $499.83. NVIDIA (NASDAQ:NVDA) fell 8.38% over the same stretch to $210.
Alphabet is signing contracts for nuclear reactors, suspending buybacks, and doubling its debt load, and one investor sees all of that spending as the most bullish signal in the entire position.
This tech player has seen its valuation tumble to bargain levels. The company offers investors the stability of a well-established business plus a fresh growth opportunity.
Alphabet (GOOGL) closed the most recent trading day at $338.99, moving +1.92% from the previous trading session.