May 29, 2024
PR Newswire: National Funders Commit $25M to Center and Accelerate Responsible, Equitable and Ethical AI at Inaugural Joint California Summit on Generative AI
Today, Kapor Foundation, Omidyar Network, and San Francisco Foundation announced a joint commitment to help fund organizations focused on centering equity in the advancement of Artificial Intelligence (AI) across different sectors at the inaugural Joint California Summit on Generative AI. These initial commitments are in response to Governor Newsom’s Executive Order N-12-23 signed back in September 2023, to study the development, use, and risks of AI technologies. A critical element of the implementation of this executive order includes ensuring that AI tools are developed and deployed equitably, ethically, and responsibly. This initial investment of $25M aims to drive immediate action and build momentum within the philanthropic sector during this key window of opportunity for impact.
