Why are OpenAI and Anthropic cheering on regulation in Australia? The answer has global reach

The Guardian — World
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Why are OpenAI and Anthropic cheering on regulation in Australia? The answer has global reach
Read the full story at The Guardian — WorldOriginal

The companies hope to follow in the footsteps of SpaceX, which raised $86bn and soared to a $2.1tn valuation after it listed on public markets in June

Top US AI developers Anthropic and OpenAI cheered when Australia announced it would set new AI rules.

Big tech celebrating limits on their Silicon Valley VC-funded free-for-all might seem counterintuitive but there’s a much broader play than just what happens in one relatively small market.

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