<\/p>\n
Because the foundation holds a 26% equity stake in OpenAI, it is now be on track to become the richest charitable organization on the planet, potentially sitting on $250 billion in stock value. (By comparison, the Gates Foundation and a trust associated with it held about $180 billion at the end of 2025.)\u00a0\u00a0<\/p>\n
Making good use of that kind of money will not be easy. The foundation, based in San Francisco, is still hiring for many key roles and started ramping up its grantmaking only this year. Its largest single gift so far, of $100 million, was awarded in August to the Common Health Coalition, an organization that helps patients get access to drugs for hepatitis C.<\/p>\n
OpenAI\u2019s charitable efforts come even as apocalyptic fears have broken out about the possibility that runaway AI could wipe out all human life, possibly by launching a deadly bioweapon.<\/p>\n
Those fears have been stoked by AI company insiders, some of whom say the chance of human extinction within the next decade is 10% or more. Last week, Altman and xAI founder Elon Musk both endorsed a call by Anthropic CEO Dario Amodei to \u201cslow the pace at which we improve the capabilities of AI models\u201d so that risk prevention can catch up.<\/p>\n
Jacob Trefethen, an executive at the foundation, says it essentially operates separately from OpenAI but shares an official mission of ensuring that artificial intelligence \u201cbenefits all of humanity.\u201d<\/p>\n
\u201cWe\u2019re starting grantmaking when we think the best way to achieve that mission is to make grants to external nonprofits, research institutions, and other third parties,\u201d Trefethen said in an interview. He says the foundation hopes to give away $1 billion by the end of the year.\u00a0<\/p>\n
The $500,000 grant to 1Day Sooner will help the group prove it can obtain the data troves of bankrupt companies, says the organization\u2019s president and cofounder, Josh Morrison. He thinks nonexclusive copies of company datasets could be acquired for only \u201ca few tens of thousands of dollars\u201d each.<\/p>\n<\/p><\/div>\n
#models #data #biology #OpenAI #paying #create<\/p>\n","protected":false},"excerpt":{"rendered":"
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