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OpenAI launches $50M grant program to help fund academic research

OpenAI on Monday announced a consortium, NextGenAI, focused on supporting AI-assisted research at top universities. NextGenAI, whose 15 founding academic partners include Harvard, the University of Oxford, and MIT, will be funded with $50 million in research grants, compute funding, and API access from OpenAI, the company said. Students, educators, and researchers will be eligible […] © 2024 TechCrunch. All rights reserved. For personal use only.



OpenAI has introduced a $50 million grant program to support AI research at leading universities via the NextGenAI consortium. The initiative provides grants, compute resources, and API access to students, educators, and researchers. Aiming to drive discoveries and prepare the next generation for AI's future, it aligns with OpenAI's educational commitment. The consortium, featuring partners like Harvard, Oxford, and MIT, launches amid U.S. AI funding challenges. OpenAI seeks to promote its tools over competitors, including open-source alternatives.

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