OpenAI’s CEO, Sam Altman, has clarified that the company has no plans to leave Europe, despite his earlier remarks suggesting otherwise. Altman had previously expressed concerns about the upcoming legislation on artificial intelligence (AI) in the European Union (EU), which he believed to be excessive regulation.
In a recent reversal, Altman took to Twitter to emphasize OpenAI’s commitment to operating in Europe. He stated, “We are excited to continue to operate here and have no plans to leave.”
The proposed EU legislation aims to establish guidelines for AI companies, including the requirement for generative AI systems to disclose any copyrighted material used in their training processes for generating text and images. Critics from the creative industries have accused AI companies of appropriating the work of artists, musicians, and actors to replicate their creations.
However, Altman expressed concerns about the feasibility of OpenAI’s compliance with certain safety and transparency provisions outlined in the AI Act, as reported by Time magazine.

During a gathering at University College London, OpenAI CEO Sam Altman expressed his positive outlook on the impact of AI, stating that it has the potential to generate more employment opportunities and alleviate inequality. He also engaged in discussions with Prime Minister Rishi Sunak, as well as leaders from AI companies DeepMind and Anthropic, to address the risks associated with AI technology.
The conversations encompassed a range of concerns, including the dissemination of disinformation, national security implications, and the potential for “existential threats” posed by advanced AI systems. The focus was on identifying voluntary measures and regulatory frameworks necessary to effectively manage these risks.
While some experts have expressed apprehension about the potential existential risks associated with super-intelligent AI, Mr. Sunak emphasized the positive transformations that AI could bring to humanity. He highlighted the potential for AI to yield improved outcomes for the British public, creating new opportunities across various domains and enhancing public services.

The leaders of the United States, United Kingdom, Germany, France, Italy, Japan, and Canada, gathered at the G7 summit in Hiroshima, have reached a consensus on the need for international collaboration in establishing “trustworthy” artificial intelligence (AI).
In anticipation of forthcoming European Union (EU) regulations, the European Commission intends to forge an AI pact with Alphabet, the parent company of Google. Recognizing the importance of global cooperation, EU industry chief Thierry Breton held discussions with Google CEO Sundar Pichai in Brussels, emphasizing the urgency of proactive collaboration among AI developers to create an AI pact voluntarily before the legal deadline.
Tim O’Reilly, an industry veteran from Silicon Valley, author, and founder of O’Reilly Media, proposed that a productive starting point would involve enforcing transparency and establishing regulatory bodies to ensure accountability. He cautioned against excessive fear and complexity surrounding AI, which may lead to analysis paralysis. O’Reilly emphasized the significance of collaborative efforts among advanced AI companies to establish comprehensive metrics for regular reporting to regulators and the public, while allowing for the incorporation of evolving best practices.