AI Pioneer Pledges $100M for Independent Research Institute
Summary
Databricks and Perplexity co-founder Andy Konwinski pledges $100 million to launch Laude Institute, an independent AI research institute that will fund projects through grants, with the first $3 million grant establishing an AI Systems Lab at UC Berkeley.
Key Points
- Databricks and Perplexity co-founder Andy Konwinski pledges $100 million for a new AI research institute called Laude Institute
- Laude Institute aims to fund independent AI research projects through grants, structured like a fund
- Laude Institute's first grant is $3 million annually for 5 years to establish a new AI Systems Lab at UC Berkeley led by Ion Stoica