Elon Musk + Sam Altman Launch OpenAI Nonprofit That Will Use AI To "Benefit Humanity"

Led by an all-star team of Silicon Valley's best and brightest, OpenAI already has $1 billion in funding.

Silicon Valley is in the midst of an artificial intelligence war, as giants like Facebook and Google attempt to outdo each other by deploying machine learning and AI to automate services. But a brand-new organization called OpenAI—helmed by Elon Musk and a posse of prominent techies—aims to use AI to "benefit humanity," without worrying about profit.

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