On Thursday, Open AI Chief Executive Officer (CEO) Sam Altman met Prime Minister Narendra Modi in New Delhi.

Altman in his meeting with PM Modi discussed the need for global regulation related to artificial intelligence.

OpenAI is the firm behind ChatGPT, an artificial chatbot.

Altman’s meeting with PM Narendra Modi holds significance as India is in the process of regulating AI through the upcoming Digital India Bill, which is likely to replace the Information Technology (IT) Act. As per reports, during the meeting PM Modi and Altman discussed the potential and opportunities of artificial intelligence in India together with the need for regulations to address the loopholes of this emerging technology.

Addressing the Digital India Dialogues event at IIT Delhi, Altman expressed his satisfaction with the meeting and added that the Prime Minister provided great answers on why India has embraced ChatGPT. In addition, he further elaborated that they talked about India’s prospects, the necessary steps for the country along with the importance of global regulations to avert negative consequences.

Furthermore, speaking about his company Altman said, they have spent almost 8 months on GPT for making sure that it was safe enough to release.

He mentioned that they build the technology and have worked with organisations to figure out what the limits should be and tested them all.

He also acknowledged that they think,  coordination and self-regulation is important. However, the world should not be left entirely in the hands of the companies.

In addition, narrating about his plan for India, Altman mentioned, the first thing he will do in India is to fund startups. Considering, India’s strong IT industry along with large set of data, AI-based utilities can leverage huge potential in the country.

Although, AI is still in its early stages. He expressed that they were always amazed and quite grateful for the quality of Indian startups. Following the meeting, PM Modi thanked Altman for the insightful conversation. He tweeted that the potential of AI in enhancing India’s tech ecosystem is indeed vast and that too among the youth in particular. He also welcomed collaborations that can accelerate digital

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The chatbot sensation ChatGPT backed by OpenAI, on Tuesday launched a program through which it allows users to report vulnerabilities in the AI(artificial intelligence) based system, to which the company would pay upto Rs 16 lakh.

OpenAI launched its ChatGPT- an AI based chatbot program in November, 2022 which has been in sensation in the digital world since then.

The company going live on Tuesday shared about its all new Bug Bounty program that claims to offer rewards to the users who are going to report a bug or an issue while accessing the service provided.

The amount would be based looking upon how serious the bug is and how adversely it is affecting its users and the software system. The highest amount would be $20,000(approx Rs 16.4 lakh), the lowest reward would be $200.

Bug bounty is a program often used by technology companies that encourages developers and ethical hackers to report any kind of malware, bug in their systems.

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A point here needs to be noted that the company is not liable for any kind of incorrect phrase or communicate that it would produce.

ChatGPT is an AI based large language program that helps to draft emails, produce content on numerous topics, pen down articles. It is mostly in use by the university/college students for completing their daily routine assignments, writing down essays.

OpenAI has taken this step to study about the AI based operational system in a more refine manner after its platform was declared banned in Italy on account of breach of privacy rules.

OpenAI on this has to say that it is their mission to ensure that entire humanity on the planet gets benefited from the articial intelligence system.

OpenAI is tech giant Microsoft backed company that has planned to invest an whopping amount of $10 billion in the company. The AI based platform achieved the rank of becoming the fastest platform that achieved 1 million active users.

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