Kamala Harris Set to Unveil $200 Million AI Investment From Private Foundations
- Foundations to focus on AI protections for consumers, workers
- Harris to meet with foreign and industry leaders in London
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Vice President Kamala Harris is poised to announce an investment of more than $200 million from philanthropic foundations to provide grants for artificial intelligence advancements as part of the White House’s effort to guide the quickly developing technology, according to an administration official.
The investment aligns with the Biden administration’s broader goals of promoting AI innovation that protects consumers and support international rules for the nascent technology. The funders are also prioritizing initiatives focused on safeguarding democracy, assisting workers facing AI-driven changes and improving the transparency around AI, the official said.