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Four Major Tech Companies Announce Over $10M for New AI Safety Fund

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The new safety initiative announcement comes a week before the world's first global meeting on artificial intelligence safety strategies.

Four technology companies involved in artificial intelligence development announced on Wednesday a new funding initiative aimed at supporting AI safety research.The new initiative, called the AI Safety Fund, is supported by Google, Microsoft and AI companies Anthropic and OpenAI. More than $10 million has already been committed to support the initiative with a handful of philanthropic partners, the companies said in a joint statement.

In the AI Safety Fund announcement, the four tech companies agreed that AI safety research 'is required.' The funding initiative 'will support independent researchers from around the world affiliated with academic institutions, research institutions, and startups,' with initial funding pledges coming from the four companies and four named partners: the Patrick J. McGovern Foundation, the David and Lucile Packard Foundation, Eric Schmidt and Jaan Tallinn.

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