This new artificial intelligence venture could be game-changing

As if the field of AI wasn’t competitive enough — with giants like Google, Apple, Facebook, Microsoft and even car companies like Toyota scrambling to hire researchers — there’s now a new entry, with a twist. It’s a non-profit venture called OpenAI, announced today, that vows to make its results public and its patents royalty-free, all to ensure that the scary prospect of computers surpassing human intelligence may not be the dystopia that some people fear. Funding comes from a group of tech luminaries including Elon Musk, Reid Hoffman, Peter Thiel, Jessica Livingston and Amazon Web Services. They have collectively pledged more than a billion dollars to be paid over a long time period. The co-chairs are Musk and Sam Altman, the CEO of Y Combinator, whose research group is also a funder. (As is Altman himself.) Musk, a well-known critic of AI, isn’t a surprise. But Y Combinator? Yep. That’s the tech accelerator that started 10 years ago as a summer project that funded six startup companies by paying founders “ramen wages” and giving them gourmet advice so they could quickly ramp up their businesses. Since then, YC has helped launch almost 1,000 companies, including Dropbox, Airbnb, and Stripe, and has recently started a research division. For the past two years, it’s been led by Altman, whose company Loopt was in the initial class of 2005, and sold in 2012 for $43.4 million. Though YC and Altman are funders, and Altman is co-chair, OpenAI is a separate, independent venture.