OpenAI's Altman and other US tech leaders testify to Congress on AI competence building

OpenAI CEO Sam Altman and executives from Microsoft and chipmaker Advanced Micro Devices testified on Capitol Hill on Thursday about the biggest opportunities, risks and needs facing an industry which lawmakers and technologists agree could fundamentally transform global business, culture and geopolitics.

The hearing comes as the race to control the future of artificial intelligence is heating up between companies and countries. Altman's OpenAI is in a furious race to develop the best artificial intelligence (AI) model against tech rivals like Alphabet and Meta, as well as against those developed by Chinese competitors.

"I believe this will be at least as big as the internet, maybe bigger," Altman said in his opening remarks about AI's potential to transform society. "For that to happen, investment in infrastructure is critical." Altman urged senators to help usher in the "dual revolutions" of AI and energy production that "will change the world we live in, I think, in incredibly positive ways."

The witnesses included Altman; Lisa Su, chief executive of semiconductor maker AMD; Michael Intrator, co-founder of AI cloud computing startup CoreWeave; and Brad Smith, vice chair and president of Microsoft. The four executives unanimously urged lawmakers to help streamline policy for AI-related projects and fundraising.

The hearing spanned topics ranging from industry debates over chip performance, jobs, human relationships and power generation to grander questions about the global competition with China and the European Union.

(With input from AP)