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META and IBM Form AI Alliance in Expectation of Governance and Oversight

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Teuta Franjkovic
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Key Takeaways

  • Meta and IBM joined forces to establish the AI Alliance.
  • The AI Alliance boasts a diverse membership, encompassing tech giants such as Oracle and startups like Stability AI.
  • The alliance signals a forthcoming focus on governance and oversight.

Prominent technology leaders have come together to establish a new industry group dedicated to the advancement of open-source artificial intelligence initiatives.

Meta Platforms Inc. and International Business Machines Corp. have collaborated with more than 40 companies and organizations to create the AI Alliance , an industry coalition focused on advancing open-source artificial intelligence (AI) technology.

The primary objective of this coalition is to facilitate the sharing of knowledge and mitigate risks associated with AI development.

Responsible AI Development: A Collaborative Approach

According to the official announcement , the AI Alliance is dedicated to the responsible advancement of AI technology, with a focus on creating safety and security tools.

This collaborative initiative aims to expand the availability of open-source AI models, countering the preference for proprietary systems seen in some companies. Additionally, the alliance will actively engage in developing new hardware and establishing partnerships with academic researchers.

Meta has been a leader in this movement by releasing open-source versions of its substantial language models, forming the basis for AI chatbots. Nick Clegg, Meta’s President of Global Affairs, advocates for open development as the preferred approach, promoting broader access to AI benefits and fostering innovation while prioritizing safety.

Diversity in the AI Alliance The AI Alliance features diverse participants, including tech giants such as Oracle Corp., Advanced Micro Devices Inc., and Intel Corp.

It also includes contributors like Stability AI, representing emerging AI startups. The alliance extends beyond industry players to involve academic and research institutions like the University of Notre Dame and the Mass Open Cloud Alliance, fostering a collaborative effort.

A Pivotal Step for AI’s Future

Establishing governance and oversight, The AI Alliance plans to institute a governing board and a technical oversight committee to guide its activities and ensure responsible AI development. These structures will play a crucial role in setting standards and guidelines for AI projects within the alliance.

This initiative comes amid heightened scrutiny and debate regarding AI development transparency, exemplified by recent events at OpenAI. The organization, known for the ChatGPT model, faced controversy with its CEO’s dismissal and subsequent reinstatement, contributing to a global discussion on how companies should approach powerful AI technology development.

AMD Steps Up to Tackle Nvidia’s AI Chip Leadership

Advanced Micro Devices (AMD), the chip manufacturer seeking to challenge Nvidia’s dominance in AI chips , has announced its commitment to supporting an open AI ecosystem with its hardware.

Forrest Norrod, AMD’s executive vice president and general manager of its data center group, stated  that the company, along with other alliance members, will collaborate to develop the necessary software for businesses to utilize its chips.

This week, AMD is poised to showcase AI accelerator chips that Norrod believes will serve as a robust alternative to Nvidia’s offerings, positioning AMD as a strong contender in the AI chip market.

The creation of the AI Alliance, led by Meta and IBM, signifies a significant stride towards open, responsible, and collaborative AI development. By uniting a diverse array of participants and prioritizing transparency, safety, and open-source AI models, this initiative aims to shape the future landscape of AI technology.

The Importance of US Leadership in AI

In a recent address, the U.S. Vice President Kamala Harris emphasized  the profound impact of artificial intelligence (AI) and the critical need for effective regulation. Drawing from her experiences as California’s Attorney General and her involvement in international discussions on AI safety, she outlined key considerations for policymakers.

Underscoring the United States’ pivotal role in shaping the future of AI, the Vice President stressed the importance of US leadership in establishing international rules and norms for AI development and deployment. She emphasized the need to consider national security interests and the broader ramifications of AI on various aspects of society.

While acknowledging the real possibility of existential threats posed by AI, the Vice President cautioned against limiting the discussion to this extreme scenario. She highlighted the “existential” nature of AI-related threats to specific individuals and groups, citing examples of vulnerable populations such as seniors who are targeted by AI-powered scams.

“My final point is: Public policies should be intentional to not stifle innovation.  And I say this as the former Attorney General of California.  I ran the second-largest Department of Justice in the United States, second only to the United States Department of Justice, and created one of the first Privacy and Protection Units of any Department of Justice.  Back in 2010, I was elected,” she said .

Acknowledging the government’s tendency to lag behind technological advancements, the Vice President called for a more proactive approach to addressing AI challenges. She emphasized the rapid pace of AI development and urged policymakers to take timely action to mitigate potential risks and foster responsible AI adoption.

“I know that there is a balance that can and must be struck between what we must do in terms of oversight and regulation and being intentional to not stifle innovation.  I will also agree with you, as a devout public servant, government has historically been too slow to address these issues.  AI is rapidly expanding, ” she concluded .

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Teuta Franjkovic

Teuta is a seasoned writer and editor with more than 15 years of experience. She has expertise in covering macroeconomics and technology as well as the cryptocurrency and blockchain industries. She has worked for several publications as a journalist and editor, including Forbes, Bloomberg, CoinTelegraph, Coin Rivet, CoinSpeaker, VRWorld and Arcane Bear. Teuta began her professional career in 2005, working as a lifestyle writer at Cosmopolitan in Croatia. From there, she branched out to several other publications, covering mainly business and the economy. She then turned her attention to the world of cryptocurrency and blockchain, believing that crypto is among the most important inventions in the history of humanity. Her involvement in fintech began in 2014 and she has since lent her expertise in writing, editing and gathering information about the world of crypto, blockchain, NFTs and Web3. An all-round news hound, mentor, editor, and writer, Teuta enjoys teamwork and good communication. She holds a WSET2 diploma and has a thing for chablis, punkrock music and shoes. She also holds a double MA in Political science and Entrepreneurship.
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