HomeLATESTGlobal Tech Giants Commit to AI Safety with Landmark Agreement

Global Tech Giants Commit to AI Safety with Landmark Agreement

Published on

Tech giants, including Microsoft, Amazon, and OpenAI, reached a landmark international agreement on AI safety at the Seoul AI Safety Summit.

As reported by Ryan Browne for CNBC, these companies will voluntarily commit to ensuring the safe development of their most advanced AI models. This agreement expands on prior commitments made by companies developing generative AI software last November.

Companies from the U.S., China, Canada, the U.K., France, South Korea, and the UAE will create and publish safety frameworks to address potential challenges, including automated cyberattacks and bioweapon threats. These frameworks will define “red lines” and intolerable risks. To mitigate extreme risks, the companies plan to implement a “kill switch” to halt AI model development if necessary.

UK Prime Minister Rishi Sunak highlighted the unprecedented global collaboration, emphasising commitments to transparency and accountability in AI development. The agreed commitments apply specifically to frontier models, the technology behind generative AI systems like OpenAI’s GPT.

The European Union has advanced its AI regulation with the AI Act, while the U.K. opts for a “light-touch” approach, using existing laws. The companies will gather input from trusted actors and governments ahead of the AI Action Summit in France in 2025.

LATEST NEWS

Jonathan Alles Appointed Non Executive Director of Singer Finance

Singer Finance (Lanka) PLC has appointed Jonathan Alles as a Non Independent Non Executive...

Sri Lanka’s Banking Sector Profits Rise 19.3% in 2025

Sri Lanka’s banking sector recorded stronger profitability in 2025, with cumulative profits after tax...

Bank of Ceylon Records Rs. 120.8 billion Profit Before Tax (PBT) in 2025

Bank of Ceylon Records Rs. 120.8 billion Profit Before Tax (PBT) in 2025 • Profit...

National Export Awards Honours Ceylon Agro Industries for Export Excellence

Ceylon Agro Industries, Prima Group Sri Lanka, has been honoured with the Bronze Award...

MORE LIKE THIS

Jonathan Alles Appointed Non Executive Director of Singer Finance

Singer Finance (Lanka) PLC has appointed Jonathan Alles as a Non Independent Non Executive...

Sri Lanka’s Banking Sector Profits Rise 19.3% in 2025

Sri Lanka’s banking sector recorded stronger profitability in 2025, with cumulative profits after tax...

Bank of Ceylon Records Rs. 120.8 billion Profit Before Tax (PBT) in 2025

Bank of Ceylon Records Rs. 120.8 billion Profit Before Tax (PBT) in 2025 • Profit...