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Databricks and Perplexity Co-Founder Andy Konwinski Pledges $100M for AI Research Institute

Andrew LeeAndrew Lee5h ago

Databricks and Perplexity Co-Founder Andy Konwinski Pledges $100M for AI Research Institute

In a groundbreaking move for the future of artificial intelligence, Andy Konwinski, co-founder of Databricks and Perplexity AI, has pledged $100 million of his personal funds to establish the Laude Institute, a new research initiative focused on advancing ethical AI development. Announced on June 23, 2025, this institute aims to support researchers with innovative funding structures that prioritize human-centric AI over profit-driven motives.

The Laude Institute is set to redefine how AI research is conducted by offering grant-like funding to independent researchers and labs. This initiative has already garnered attention for backing prominent figures in the field, such as Ion Stoica's new lab, signaling a strong start for the institute’s mission to foster impactful AI projects.

Konwinski’s vision is to shift the focus of AI development toward beneficial and ethical outcomes. By providing substantial financial support, the institute aims to empower researchers to explore innovative solutions without the constraints of commercial pressures, potentially reshaping the landscape of AI research.

Industry experts from leading tech companies like Google and Meta are also involved in guiding the Laude Institute’s direction. Their expertise will help ensure that funded projects align with the goal of creating AI technologies that prioritize societal good over corporate gain.

This $100 million commitment is seen as a bold step in addressing some of the ethical challenges posed by rapid AI advancements. The tech community has expressed optimism about the potential for the Laude Institute to drive meaningful progress in the field.

As the institute begins its work, it is expected to attract top talent and innovative minds eager to contribute to the future of beneficial AI. This initiative could set a precedent for how private funding can support public good in the tech sector, with Konwinski leading the charge.

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