202320 Dec

Patrick J. McGovern Foundation awards $66.4 million to advance AI and data solutions that center people and purpose

Summary

"Our latest round of funding strengthens our support for what we call the missing middle, the vast space of opportunity to leverage AI and data solutions for positive social impact in the near future," said Vilas Dhar, President of the Patrick J. McGovern Foundation. "Were proud to invest in and partner with organizations developing purpose-driven AI and data approaches driving measurable and meaningful change in the lives of people around the world. "The grants will support AI development among organizations in more than a dozen countries, with many leveraging data analytics and machine learning (ML) to tackle existing complex social issues affecting frontline communities, including climate change, human rights abuses, and health inequity.The grants also provide more than $12 million in support for global organizations and partnerships working to advocate for community-grounded, safe, secure, and responsible AI development through policy and research, including significant contributions to the Organisation for Economic Co-operation and Development ( ), the , and the a joint effort between Google, Microsoft, Philanthropic, and Open AI, among others. "With our partners, we share the belief that the improved understanding and use of technology, AI, and data science can radically transform our world for the better," said Nick Cain, the Foundations Director of Strategic Grants. "In addition to supporting partner organizations with grant funding, the Foundation continues to make strides to democratize access to AI through programmatic pathways designed to enhance nonprofit technical expertise and develop open-source solutions for the public sector.

Source: Prnewswire

Funding

$250K
Amount
Dec 20 2023
Date
-
Investor
Climate Cabinet Education
Company

Classifications

Companies