40 Companies Create Industrywide AI Alliance to Share Technology

Meta Platforms Inc. and IBM are among more than 40 companies forming the AI Alliance, an industry group dedicated to open-source artificial intelligence (AI) work, Bloomberg reports.

The coalition aims to promote responsible AI development, including safety and security tools, and increase the number of open-source AI models. The focus is on collaborative efforts, sharing technology, and reducing risks.

Meta has been releasing open-source versions of its large language models, and the AI Alliance seeks to make AI development more open, accessible, and innovative.

The group plans to establish a governing board and technical oversight committee, with participants like Oracle, AMD, Intel, and academic organizations.

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