Silicon Valley’s Next IPO Billionaires Are Coming. Nonprofits Are Ready for Them
As major AI companies like OpenAI and Anthropic prepare for IPOs, nonprofits are positioning themselves to receive a potential surge in philanthropic funding. While estimates suggest billions could be donated, experts warn that market volatility and donor fickleness could impact these projections.
Carrier went on that year to found ForHumanity, a nonprofit organization developing tools for auditing AI systems. But it has raised just hundreds of thousands of dollars since 2016 and is still a minor player in the industry. But that could soon change, because ForHumanity is now among the many nonprofits around the world trying to rein in AI, get animals out of cages, eliminate poverty and sickness, and spread democracy that are eager to claim a slice of what’s widely anticipated to be the largest wave of philanthropy in decades.
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in