OpenAI has ‘no plans to leave’ Europe due to regulations, CEO says

Days after OpenAI CEO Sam Altman said the company might have to cease operations in Europe if the EU’s AI Act regulations passed in their current form, he has has seemingly rolled back on his comments.

Despite recently telling US lawmakers he was in favor of regulating AI, when speaking to reporters in the UK earlier this week, Altman said he had “many concerns” about the EU’s AI Act and even accused the bloc of “over-regulating.”

OpenAI is the Microsoft-backed firm that has developed the groundbreaking but somewhat controversial ChatGPT generative AI system.

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