Close Menu
Webpress News
    What's Hot

    PM’s Enforcer Claims Government Is ‘Addicted to Announcements’ Amid Calls for Action

    December 16, 2025

    UK Students Set to Rejoin Erasmus Scheme by 2027: A Triumph for Student Mobility!

    December 16, 2025

    Former UK Chancellor George Osborne Takes the Helm at OpenAI’s New Initiative for Global AI Governance

    December 16, 2025
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram Pinterest Tumblr
    Tuesday, December 16
    Webpress NewsWebpress News
    Subscribe
    • Home
    • News
    • Politics
    • Business
    • Sports
    • Magazine
    • Science
    • Tech
    • Health
    • Entertainment
    • Economy
      • Stocks
    Webpress News
    Home»News»Business

    Former UK Chancellor George Osborne Takes the Helm at OpenAI’s New Initiative for Global AI Governance

    December 16, 2025 Business No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Former Chancellor George Osborne has recently announced his new role at OpenAI, stepping into the pivotal position of leading the company’s “OpenAI for Countries” program. This initiative is dedicated to empowering governments around the world to expand their artificial intelligence capabilities. Osborne’s decision to join OpenAI marks a significant transition from his previous dealings in politics and finance, indicating a profound interest in the transformative potential of AI technology.

    Upon announcing his new role, based in London, Osborne expressed his enthusiasm by stating, “It is a privilege to be joining the company.” He reflected on his choice by asking himself, “what’s the most exciting and promising company in the world right now?” His newfound admiration for OpenAI aligns well with the broader dialogue surrounding the urgent need for responsible AI governance and development strategies.

    The context of Osborne’s appointment comes at a time when discussions regarding AI infrastructure and technology partnerships between governments, notably the UK and the US, have faced challenges. Chris Lehane, OpenAI’s Chief Global Affairs Officer, highlighted the significance of Osborne’s addition to the team, noting that it represents a shared conviction that AI is increasingly viewed as critical infrastructure. The early decisions regarding how AI is constructed, governed, and employed will have lasting impacts on the global economic landscape and geopolitical relationships.

    The “OpenAI for Countries” program is designed to partner with governments to ensure that AI systems, which will inevitably play a crucial role in shaping the future, are grounded in democratic values. With engagement from over 50 countries already, the initiative aims to bolster AI literacy and enhance public services through better AI infrastructure. Lehane pointed out that Osborne’s experience will be instrumental in expanding existing relationships as well as forging new collaborations.

    In his remarks, Osborne underscored the majority sentiment that the key leaders of OpenAI—Sam Altman, the company’s CEO, and Brad Lightcap, COO—are deeply committed to fostering a responsible approach toward AI development. He stated that their impressive leadership qualities and dedication to equitable technological benefits motivated his decision to join the team. Osborne further articulated that one of the primary objectives of the OpenAI for Countries initiative is to ensure that societies worldwide can reap the rewards of AI technology.

    Despite the promise of this new opportunity, Osborne acknowledged the difficulty of leaving his role at investment bank Evercore, describing it as a “huge wrench.” His career has spanned various significant positions, including his time as the editor of the Evening Standard newspaper from 2017 to 2020. His multi-faceted background underpins his capability to navigate the complex interplay of technology, governance, and public service.

    This announcement also coincides with ongoing discussions from Downing Street about maintaining active negotiations with the US government regarding a comprehensive tech partnership. A tech deal, which was first introduced in September, included significant spending commitments from major technology firms like Nvidia and Google. However, reports have indicated that broader disagreements might be stalling negotiations at this level.

    In conjunction with Osborne’s appointment, there is a heightened sense of urgency in the tech investment arena, particularly concerning the AI sector, where concerns about a potential market bubble are mounting. The Bank of England recently pointed out the risk of a swift correction in tech company valuations, forecasting that the growth in AI would be catalyzed by trillions of dollars in debt over the next five years.

    Osborne’s new role at OpenAI signals a noteworthy intersection between governance, finance, and technology, capturing the pivotal moments of evolution within the AI landscape and the responsibilities that accompany it. With global AI development under scrutiny, Osborne’s leadership will likely play a crucial role in shaping a collaborative and principled approach to AI advancement.

    Keep Reading

    Sunak Stands Firm on Controversial Covid Loan Scheme Amid Fraud Allegations

    Sunak Defends Furlough Scheme: ‘Not Perfect, But Saved Jobs from Mass Unemployment’

    Nissan Launches New Electric Leaf Production in the UK, Reviving Local Automotive Industry!

    Speed Trap Scandal: Thousands of Drivers Face Wrongful Fines Due to Faulty Cameras Since 2021!

    Ford Faces $19.5 Billion Blow as It Scales Back Ambitious Electric Vehicle Plans

    Airbnb Hit with £56 Million Fine in Spain Over Unlicensed Rentals

    Add A Comment
    Leave A Reply Cancel Reply

    PM’s Enforcer Claims Government Is ‘Addicted to Announcements’ Amid Calls for Action

    December 16, 2025

    UK Students Set to Rejoin Erasmus Scheme by 2027: A Triumph for Student Mobility!

    December 16, 2025

    Former UK Chancellor George Osborne Takes the Helm at OpenAI’s New Initiative for Global AI Governance

    December 16, 2025

    Porn Company Implements New Age Verification After £1M Ofcom Penalty

    December 16, 2025

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • Politics
    • Business
    • Sports
    • Magazine
    • Science
    • Tech
    • Health
    • Entertainment
    • Economy

    Company

    • About
    • Contact
    • Advertising
    • GDPR Policy
    • Terms

    Services

    • Subscriptions
    • Customer Support
    • Bulk Packages
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Developed by WebpressNews.
    • Privacy Policy
    • Terms
    • Contact

    Type above and press Enter to search. Press Esc to cancel.