Microsoft, Google, and OpenAI under the auspices of the Model Forum Founders, have announced that they will set up a $10 million AI Safety Fund to increase good and creative artificial intelligence research.
The Frontier Model Forum is an industry focused on the advancements in AI technology and research and making sure it remains safe, secure, and still in control of humans while selecting good standards and practices. The industry also helps in facilitating information-sharing among the industry and policymakers.
The company released a statement on Thursday about the purpose of the $10 million AI Safety Fund, it reads,
- Over the past year, the industry has driven significant advances in the capabilities of AI. As those advances have accelerated, new academic research into AI safety is required.
- To address this gap, the Forum and philanthropic partners are creating a new AI Safety Fund, which will support independent researchers from around the world affiliated with academic institutions, research institutions, and startups.