OpenAI launches $50M grant program to help fund academic research.

One of the leading AI companies recently announced a project dedicated to supporting academic research at the world's top universities. More specifically, OpenAI, an American artificial intelligence research organization, has created a new consortium called NextGenAI, through which it will launch a $50 million grant program.

This financial support is reserved for artificial intelligence-assisted projects and is aimed at fueling the next generation of discovery. This initiative, according to the company's announcement, stands as the first step in understanding how best to shape the future of AI within the educational and research sectors.

“NextGenAI is designed to support the scientist searching for a cure, the scholar discovering new insights, and the student mastering AI for the world ahead -” the company writes in a post on their blog, ”We will explore opportunities to expand its reach and impact.”