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Andy Konwinski, co-founder of Databricks and Perplexity AI, launches new research institute focused on beneficial AI
- Andy Konwinski, co-founder of Databricks and Perplexity AI, has established a new beneficial AI research institute called Laude backed by $100 million of his own funds.
- Laude Institute aims to support AI research with positive impacts on humanity and has enlisted prominent AI researchers and board members including David Patterson, Jeff Dean, and Joelle Pineau.
- The institute will have two main initiatives - Slingshots for early-stage projects with fast-track grants and Moonshots for larger grants tackling significant challenges in healthcare, workforce reskilling, and more.
- Laude Institute will also invest in foundational work like funding the new AI Systems Lab at UC Berkeley with $3 million annually for five years.
- Andy Konwinski aims to guide AI research towards beneficial outcomes by supporting impactful projects and researchers.
- Konwinski's successful background includes co-founding Databricks and Perplexity AI, with Databricks reaching a $62 billion valuation and Perplexity AI achieving a $14 billion valuation.
- Laude Ventures, a venture capital firm by Konwinski, focuses on early-stage startups, while Laude Institute prioritizes funding projects with broad benefits.
- The ultimate goal of Laude Institute is to facilitate impactful research reaching a global audience.
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