Perplexity AI and Databricks Co-Founder Andy Konwinski Launches $100M A.I. Institute

Perplexity AI and Databricks Co-Founder Andy Konwinski Launches $100M A.I. Institute

Databricks co-founder Andy Konwinski launches the Laude Institute with $100 million to fund early-stage and moonshot A.I. research.

Databricks, Perplexity co-founder pledges $100M on new fund for AI researchers

Andy Konwinski is pledging $100 million of his own money for a new kind of institute to fund researchers. It's already backed Ion Stoica's new lab.

Databricks Co-founder Launches Laude Institute, Stakes His Own $100 Million

On Monday the Databricks and Perplexity co-founder said he’s personally fronting $100 million to launch Laude Institute, a new outfit that promises “fast grants and moonshots” instead of traditional research bureaucracy.Key Points$100 million in personal capital powers the nonprofit-plus-PBC hybridFirst grant: $3 million a year to stand up UC Berkeley’s AI Systems Lab in 2027Star-studded board includes Dave Patterson, Jeff Dean, and Joelle Pinea…

Databricks and Perplexity Co-Founder Funds AI with $100M

Andy Konwinski, co-founder of Databricks and Perplexity, has pledged $100 million of his personal fortune to create a new institute focused on AI research.  The institute, named Laude, will fund researchers who aim to develop AI in ways that serve the public good. Laude will operate as a grantmaking body. It will fund independent researchers […] The post Databricks and Perplexity Co-Founder Launches $100M Fund for Independent AI Research appeare…

Databricks Co-founder Commits $100M for AI Research Fund

Andy Konwinski, co-founder of Databricks and Perplexity, pledges $100 million to establish a new research institute funding AI researchers. The initiative has already supported Ion Stoica's new lab, aiming to advance breakthroughs in the field of artificial intelligence. The post Databricks Co-founder Commits $100M for AI Research Fund appeared first on nextbigwhat.

BLK ALERTS - Databricks, Perplexity co-founder pledges $100M on new fund for AI researchers

Andy Konwinski is pledging $100 million of his own money for a new kind of institute to fund researchers. It’s already backed Ion Stoica’s new lab.