Read the text below.
OpenAI Foundation, the nonprofit that controls the artificial intelligence company OpenAI and its flagship product ChatGPT, pledged to grant out $1 billion over the next year and to build up its capacity as a philanthropic funder.
The pledge represents a major development in OpenAI’s philanthropic activities and offers insight into how the company, which started as a nonprofit, plans to carry out its charitable mission to develop AI to benefit “all of humanity.”
“We aim to enable the use of AI to find solutions to humanity’s hardest problems, transform what people are capable of, and deliver real benefits in people’s lives—while working hard with partners to be ready for new challenges, and to help make society resilient, as AI advances,” OpenAI board chair Bret Taylor said in a statement.
The new funding will support life science and health research and will seek to mitigate some of the impacts of AI technologies on jobs, the economy, and mental health, especially of children, the nonprofit said. It follows a commitment to spend $25 billion to support similar causes that the OpenAI Foundation made in October, though without providing a time frame.
OpenAI Foundation will also recruit a new executive director to oversee its grantmaking, it said.
In 2025, OpenAI made an effort to revitalize the nonprofit. It convened a temporary nonprofit advisory board to offer it nonbinding guidance about how to structure its philanthropic activities while it continued to negotiate with regulators and its investors about the extent to which the nonprofit board would remain in charge of its business.
The advisory board, which included labor leader Dolores Huerta, eventually recommended that OpenAI significantly increase the resources it provided to its nonprofit and to consult extensively with communities about how AI is impacting them as it shapes its grantmaking.
OpenAI’s new vision for its charitable grantmaking comes at the same time that communities around the country worry about data centers increasing electricity costs, lawsuits accuse AI chatbots of exacerbating mental health crises, and companies and advocates question the fitness of new AI technologies to be used in war.
This article was provided by The Associated Press.