The Biden Administration has successfully obtained commitments from eight renowned companies to prioritize the safety of artificial intelligence (AI) technology.
Notable companies such as Adobe (ADBE), Nvidia (NVDA), Palantir (PLTR), Salesforce (CRM), and IBM (IBM) have signed up to "advance the development of safe, secure, and trustworthy AI," according to a statement released by The White House on Tuesday. Additionally, Cohere, Scale AI, and Stability have also voluntarily committed to this cause.
These companies join the initial group of seven who agreed to the guidelines in July, including Amazon (AMZN), Meta (META), and Microsoft (MSFT).
The participating companies pledge to ensure that their AI products undergo thorough safety evaluations before being released to the public. Emphasizing the importance of security, they aim to earn the trust of the public. The Biden Administration is also actively working on regulating AI technology in alignment with these goals.
Moreover, the companies have agreed to collaborate in sharing information regarding potential risks associated with AI. They will also develop mechanisms to inform users when content is generated by AI.
"These commitments serve as a crucial link between government action and industry efforts and represent just one facet of the Biden-Harris Administration's comprehensive approach to harnessing the potential of AI while effectively managing its risks," stated The White House.