A few weeks ago it was reported that OpenAI is bleeding money because its Artificial Intelligence models are popular, but not profitable enough. It is hoped that they will soon find a viable business model, or that costs will be reduced before having to declare bankruptcy. Now they are joined by a new expense, as OpenAI will soon open its first office in the European Union.
They hope to make several strategic hires, while the company prepares for the upcoming regulations. Especially due to the issue of data processing, which cannot leave the territory.
OpenAI prepares for European regulations that would apply to ChatGPT
The creator of ChatGPT says he plans to open his next office in Ireland. The country has become a hub for American technology companies seeking to stay in good standing with regulators and gain access to European customers. First, it is because London is not part of the European Union since Brexit, and with the United Kingdom leaving, they choose Ireland by having a more favorable tax rate.
OpenAI is looking to fill nine positions in Dublin. You are looking for client-focused accounting positions and looking for an associate general counsel for the EMEA region. They are also looking for a policy and partnerships lead for global affairs, a privacy program manager, a privacy-focused software engineer, and a media relations lead.
With all this, it is seen that it will be an office, especially to handle everything that involves getting along with the European Union and its media. It would not be an office where news is developed, but a place to go to complain that they do not use our data, and with people paid to avoid getting into trouble with regulators. OpenAI had already faced European laws over ChatGPT, on data protection grounds for possibly processing people's data illegally and failing to protect minors. A researcher found many flaws in protecting data and filed a complaint with the Polish data protection authority.
Soon it is expected that the Artificial Intelligence Act of the EU. It is proposed to regulate AI applications based on their perceived risks. It would be the first large-scale regulation to emerge in the world, and it could serve as a model for other countries to follow, and it will affect all current services because no one wants to lose the European market. With all this, it is understood that OpenAI is opening an office. This would tell us that there are going to be changes to ChatGPT behind the scenes, plus we can hope that they don't block access.
Source: TechRadar
