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

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OpenAI will award $40.5 million to more than 200 nonprofits before the end of the year, following an open call for applications in September.

This is the first wave of donations since the maker of ChatGPT rebranded its nonprofit as the OpenAI Foundation in October. The company has committed $25 billion to helping fund health research and what it calls AI resilience or 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…



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


OpenAI will award $40.5 million to more than 200 nonprofits before the end of the year, following an open call for applications in September.

This is the first wave of donations since the maker of ChatGPT rebranded its nonprofit as the OpenAI Foundation in October. The company has committed $25 billion to helping fund health research and what it calls AI resilience or 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…



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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