OpenAI recently announced that it will provide $40.5 million in funding to more than 200 non-profit organizations by the end of this year. This decision was based on an open application process in September, aimed at supporting various community projects.
This is OpenAI's first major donation after rebranding as the OpenAI Foundation. Since its inception, the company has committed to investing $2.5 billion in projects related to health research and reducing the risks of artificial intelligence. Although the specific pace of funding has not been announced, the company has pledged to release $50 million in July based on recommendations from its advisory committee, aiming to promote the development of safe artificial intelligence.
The funding provided by OpenAI is unconditional, allowing non-profit organizations to use the funds freely according to their needs. The company encourages applications focusing on improving AI literacy, enhancing citizens' lives, and promoting economic opportunities. Notably, many of the funded organizations are not related to technology, covering diverse fields such as news organizations, dance companies, and community groups.
OpenAI was founded in 2015 as a non-profit organization but later established a for-profit subsidiary to better attract investment. In October 2023, the company reached an agreement with regulators and was formally reclassified as a public benefit corporation, although the non-profit board remains the highest decision-making body. After opening the application process, OpenAI received over 3,000 applications, which were reviewed by a group of advisors.
Key Points:
🌍 OpenAI will provide $40.5 million in funding to more than 200 non-profit organizations by the end of the year.
💡 The funded projects should focus on areas such as improving AI literacy and enhancing citizens' lives.
🤝 The funding is unconditional, allowing the funded organizations to decide how to use the money independently.
