In its first grant round since rebranding its foundation as the OpenAI Foundation in October, OpenAI has given $40.5 million to over 200 NGOs. The foundation has pledged $25 billion (€21.45 billion) to support health research and “AI resilience,” which refers to strategies to reduce the hazards associated with these technologies. How soon it will distribute that cash has not been disclosed.
In response to the suggestions of an advisory panel established to provide input on how OpenAI should fulfill its mission to develop safe AI for the benefit of humanity, OpenAI pledged to distribute $50 million in July. It stated that, in response to its board of directors’ suggestions, it would announce an additional $9.5 million in grants in the coming months.
The nonprofits are free to spend the grant money however they see fit since it is unrestricted. On the other hand, OpenAI invited organizations to submit applications for projects that promote economic opportunity, civic engagement, or AI literacy. Only NGOs with yearly budgets between $500,000 and $10 million (€429,000 and €8.58 million) were eligible to receive the rewards.
Over 3,000 NGOs submitted for this initial round of financing, according to OpenAI, and the board made the final grant decisions after a panel of outside advisors evaluated the submissions. There aren’t many grantees who are committed to technology. Instead, they consist of community organizations, dance companies, and journalism groups.
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