AI Dominated by a Few Firms Risks Market Abuse, Mistral CEO Says

The world is at risk of allowing a handful of companies to dominate artificial intelligence, and such a concentration raises the likelihood that the leading players will abuse their control over the emerging technology, the chief executive officer of France’s leading AI firm warned.

“We’re facing too much concentration of power in artificial intelligence,” Mistral AI’s Arthur Mensch said, speaking at the India AI Impact Summit in New Delhi on Thursday. “We don’t want to be in a world where three or four enormous companies actually own the deployment and the making of AI.”