A coalition of top philanthropies including Ford Foundation, the Omidyar Network, and Open Society Foundations have formed a coalition that will invest at least $200 million to support the “responsible use” of artificial intelligence, as concerns grow about the technology’s potential impact on democracy, workforces, and public safety.
The group will coordinate efforts to distribute grants to AI projects supporting equity, democracy, and human rights worldwide.
The effort was one of a series of AI policy initiatives that United States Vice President Kamala Harris announced at the AI Safety Summit in London on Wednesday. Philanthropies involved in the U.S.-led initiative have already begun distributing grants domestically and in other parts of the world.