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Philanthropic Coalition Launches $500 Million 'Humanity AI' Initiative

Ten foundations, including Ford and MacArthur, will fund projects over five years to ensure AI is developed for the public good.

Olivia Sharp 2 min read 562 views
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A coalition of ten major philanthropic organizations, including the Ford and MacArthur foundations, has launched Humanity AI, a $500 million initiative to fund projects ensuring AI serves the public good.

A People-Centered Future for AI

A coalition of ten major American philanthropic organizations announced the launch of Humanity AI, a $500 million, five-year initiative. The project is dedicated to funding organizations and projects that work to ensure artificial intelligence is developed and deployed in a way that benefits communities and serves the public interest. The initiative aims to counterbalance the influence of a small number of large technology companies that currently dominate AI development.

The coalition includes some of the nation's most prominent foundations, such as the Ford Foundation, the John D. and Catherine T. MacArthur Foundation, the Mellon …

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