LIVE: OpenAI CEO Sam Altman testifies during Senate hearing on AI oversight 05/16/23

The Senate Judiciary Committee holds a hearing examining the rules for artificial intelligence. “Artificial intelligence urgently needs rules and safeguards to address its immense promise and pitfalls,” said U.S. Senator and Committee Chair Richard Blumenthal. “This hearing begins our Subcommittee’s work in overseeing and illuminating AI’s advanced algorithms and powerful technology.” Witnesses testifying include Sam Altman, CEO of OpenAI; Gary Marcus, professor emeritus at New York University, and Christina Montgomery, vice president and chief privacy and trust officer at IBM. » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #cnbctv LIVE: OpenAI CEO Sam Altman testifies during Senate hearing on AI oversight — 05/16/23