Web browser Mozilla is investing $30 million into launching a startup, called Mozilla.ai, focused on building a "trustworthy, independent, and open-source AI ecosystem." 

The company wrote in a blog post about the investment: "This new wave of AI has generated excitement, but also significant apprehension. We aren’t just wondering What’s possible? and How can people benefit? We’re also wondering What could go wrong? and How can we address it? Two decades of social media, smartphones and their consequences have made us leery." 

Mozilla said it still sees the potential of AI to enrich peoples' lives, but it doesn't see those positive effects coming from "big tech and cloud companies with the most power and influence." 

The company pitched Mozilla.ai as a "counterweight to the status quo" that will make  "generative AI safer and more transparent." Moez Draief, who researched AI at Imperial College and LSE, will lead the initiative.

Share:
More In Technology
Cloud Data Company Informatica CEO on Company's Second IPO Launch
Cloud data management company Informatica made its market debut on the New York Stock Exchange today under the ticker symbol INFA. Shares ending the day even after opening at $27.55. with shares priced at $29 apiece. This is the second time the company has gone public after being founded back in 1993. Informatica then went private in a $5 billion deal in 2015. Now, the company is reentering public markets as a subscription business with a push to the cloud. Cheddar News welcomes CEO of Informatica, Amit Walia, to discuss.
New Oracle Study Reveals Reasons Why People Want New Careers
It's no doubt that the pandemic has been tough on the job market. According to the Labor Department, a record four million people quit their jobs in April. Now, a new survey from Oracle is touching on mental health and how employees are demanding more from their work lives. Juergen Lindner, SVP of global software for SaaS at Oracle, joins Cheddar Wellness to talk about the findings.
Load More