The post OpenAI Foundation Allocates $40.5 Million to 208 US Nonprofits — Its Largest External Grant Yet (Gold10) appeared on BitcoinEthereumNews.com. New content: COINOTAG News reports that on December 4, the OpenAI nonprofit foundation unveiled a grant totaling $40.5 million to 208 nonprofits nationwide, the largest external charitable commitment by the AI organization to date. The program targets three strategic pillars: AI literacy and public understanding, community innovation, and economic opportunity, aiming to broaden AI access for local communities and stakeholders. This move represents the largest nonprofit expenditure by the OpenAI nonprofit foundation to date, yet it constitutes a modest share of the group’s overall assets, with an estimated equity value near $13 billion after a recent corporate restructuring. Tax filings indicate last year’s giving reached about $7.5 million, underscoring a sustained commitment to charitable programs and a disciplined approach to philanthropy within the AI sector. Source: https://en.coinotag.com/breakingnews/openai-foundation-allocates-40-5-million-to-208-us-nonprofits-its-largest-external-grant-yet-gold10The post OpenAI Foundation Allocates $40.5 Million to 208 US Nonprofits — Its Largest External Grant Yet (Gold10) appeared on BitcoinEthereumNews.com. New content: COINOTAG News reports that on December 4, the OpenAI nonprofit foundation unveiled a grant totaling $40.5 million to 208 nonprofits nationwide, the largest external charitable commitment by the AI organization to date. The program targets three strategic pillars: AI literacy and public understanding, community innovation, and economic opportunity, aiming to broaden AI access for local communities and stakeholders. This move represents the largest nonprofit expenditure by the OpenAI nonprofit foundation to date, yet it constitutes a modest share of the group’s overall assets, with an estimated equity value near $13 billion after a recent corporate restructuring. Tax filings indicate last year’s giving reached about $7.5 million, underscoring a sustained commitment to charitable programs and a disciplined approach to philanthropy within the AI sector. Source: https://en.coinotag.com/breakingnews/openai-foundation-allocates-40-5-million-to-208-us-nonprofits-its-largest-external-grant-yet-gold10