Andy Konwinski, co-founder of Databricks, has launched the Laude Institute with a $100 million investment aimed at fostering ethical AI research. The institute, rather than operating like a traditional research lab, will function as a funding body that distributes grants. Its inaugural $3 million annual grant for five years supports the new AI Systems Lab at UC Berkeley, led by Ion Stoica. With a board including renowned professionals from the AI field, Laude seeks to inspire research that advances computer science for beneficial outcomes, distinct from commercially-driven AI entities.
Konwinski described the Laude Institute's mission as 'built by and for computer science researchers ... We exist to catalyze work that doesn't just push the field forward but guides it towards more beneficial outcomes.'
The Laude Institute is structured more like a fund looking to make investments, similar to grants, aiming for beneficial outcomes in the AI field.
The institute's flagship grant of $3 million per year for five years will anchor the new AI Systems Lab at UC Berkeley, directed by Ion Stoica.
With a $100 million personal pledge, Andy Konwinski aims to establish the Laude Institute as a premier engine for ethical AI research.
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