Massive tech makers unite to donate $10 million to AI Safety Fund

Leading AI companies have established a new AI Safety Fund to support independent researchers from around the globe. The Fund will provide grants to researchers at academic institutions, research institutes, and startups.

OpenAI announced in a joint statement that the AI Safety Fund has received $10 million in initial funding from Anthropic, Google, Microsoft, and OpenAI, as well as several philanthropic foundations and individuals.

To facilitate the program, the new Frontier Model Forum industry body is also founded with Chris Meserole as its new and first Executive Director.

New Advisory Board for the body will also soon be established “over the coming months.”

“The most powerful AI models hold enormous promise for society, but to realize their potential we need to better understand how to safely develop and evaluate them. I’m excited to take on that challenge with the Frontier Model Forum,” says the new Executive Director.

The AI Safety Fund will focus on supporting the development of new ways to evaluate and test AI systems for potential dangers. This work is vital to improving the safety and security of AI systems and helping governments, businesses, and civil society respond to the challenges posed by AI.

Meanwhile, in the AI race, Meta is ready to take on OpenAI’s GPT-4 model with its very own system, boasting that it’s more powerful than Llama 2.