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OpenAI Foundation to Donate $40.5 Million to US Non-Profit Organizations
Summary: According to Jinshi News, the non-profit foundation of OpenAI announced that it will donate $40.5 million to 208 non-profit organizations supporting local communities across the United States this year. This is the largest external charitable commitment made by the artificial intelligence giant to date. The donation aims to expand opportunities in artificial intelligence and support ...
According to Jinshi News, the non-profit foundation of OpenAI announced that it will donate $40.5 million to 208 non-profit organizations supporting local communities across the United States this year. This is the largest external charitable commitment made by the artificial intelligence giant to date. The donation aims to expand opportunities in artificial intelligence and support work in three areas: AI literacy and public understanding, community innovation, and economic opportunities. While this donation is the largest non-profit expenditure by OpenAI so far, it is still only a small portion compared to the approximately $13 billion in equity value the foundation holds after a recent company restructuring. Recent tax filings show that last year, the OpenAI Foundation donated $7.5 million.
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Link: OpenAI Foundation to Donate $40.5 Million to US Non-Profit Organizations [Copy]
