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Databricks, Perplexity co-founder pledges $100M on new fund for AI researchers

6 snips
Jun 25, 2025
A tech entrepreneur is making waves by investing $100 million to establish a groundbreaking AI research institute. The initiative aims to support innovative and ethical projects in the AI field. With a dual funding model, it promises to cater to varied research stages, ensuring sustainable development and impactful outcomes. Exciting developments are on the horizon for AI researchers!
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INSIGHT

Laud Institute's Research Mission

  • Andy Konwinski is launching the Laud Institute with $100 million to fund AI research akin to grants, not just a typical lab.
  • The institute aims to push AI research toward beneficial outcomes, addressing concerns about commercial dominance in AI.
ANECDOTE

Flagship Grant To Berkeley AI Lab

  • Laud's flagship grant is $3 million annually for five years to open UC Berkeley's AI Systems Lab in 2027.
  • The lab is led by Jan Stojka, who has strong ties to Berkeley and Databricks, illustrating Konwinski's continuing commitment to academic-industry collaboration.
INSIGHT

Balancing Research vs. Commercial Pressure

  • The institute intends to counterbalance commercial AI pressures by focusing on research driven by academic and societal benefit.
  • This addresses a trend where major AI research gets consumed by commercial ambitions, potentially skewing priorities.
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