OpenAI awards $40.5 million to a wide range of nonprofits under new foundation structure

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OpenAI has awarded $40.5 million to more than 200 nonprofits in the first round of grants it has made since it rebranded its nonprofit as the OpenAI Foundation in October.

The foundation has committed $25 billion to fund health research and what it calls AI resilience, meaning ways to minimize the risks of these technologies. It hasn’t said how quickly it will grant out those funds.

OpenAI promised to grant out $50 million in July in response to the recommendations of an advisory commission they convened to offer feedback about how it should…



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OpenAI awards $40.5 million to a wide range of nonprofits under new foundation structure



OpenAI has awarded $40.5 million to more than 200 nonprofits in the first round of grants it has made since it rebranded its nonprofit as the OpenAI Foundation in October.

The foundation has committed $25 billion to fund health research and what it calls AI resilience, meaning ways to minimize the risks of these technologies. It hasn’t said how quickly it will grant out those funds.

OpenAI promised to grant out $50 million in July in response to the recommendations of an advisory commission they convened to offer feedback about how it should…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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