5 Sources
[1]
Databricks, Perplexity co-founder pledges $100M on new fund for AI researchers | TechCrunch
Andy Konwinski, computer scientist and co-founder of Databricks and Perpelexity, announced on Monday that his personal company, Laude, is forming a new AI research institute backed with a $100 million pledge of his own money. Laude Institute is less an AI research lab and more like a fund looking
[2]
Andy Konwinski, co-founder of Databricks and Perplexity AI, launches new research institute focused on beneficial AI - SiliconANGLE
Andy Konwinski, co-founder of Databricks and Perplexity AI, launches new research institute focused on beneficial AI Databricks Inc. co-founder and Apache Spark creator Andy Konwinski this week announced the creation of a new artificial intelligence research institute called Laude that's backed
[3]
This Perplexity cofounder wants to help AI breakthroughs graduate from university labs
A team of prominent AI researchers, led by Databricks and Perplexity cofounder Andy Konwinski, has launched Laude Institute, a new nonprofit that helps university-based researchers turn their breakthroughs into open-source projects, startups, or large-scale products with real-world impact. Laude
[4]
Co-founder of Databricks and Perplexity launches $100M AI research institute
Andy Konwinski, co-founder of Databricks and Perplexity, established the Laude Institute, a new AI research institute, committing $100 million of his personal capital to fund its operations. The Laude Institute operates as a funding entity, structuring its financial contributions as grant-like
[5]
Perplexity AI and Databricks Co-Founder Andy Konwinski Launches $100M A.I. Institute
"This is the most personal project of my life, and it's been a long time coming," said Konwinski. Before co-founding A.I. companies like Perplexity AI, Andy Konwinski was a Ph.D. student in computer science at the University of California, Berkeley. It was there that he helped develop Apache
Share
Copy Link
Andy Konwinski, co-founder of Databricks and Perplexity, has established the Laude Institute, a new AI research organization backed by $100 million of his personal funds. The institute aims to support beneficial AI research and bridge the gap between academic breakthroughs and real-world applications.
Andy Konwinski, co-founder of Databricks and Perplexity AI, has launched the Laude Institute, a groundbreaking AI research organization backed by a $100 million personal pledge
1
2
. This initiative aims to bridge the gap between academic breakthroughs and real-world applications in the field of artificial intelligence.
Source: Observer
The Laude Institute boasts an impressive board of directors, including:
1
3
The institute is structured as a nonprofit with a public benefit corporation operating arm, reflecting a hybrid approach to AI research and development
1
.Konwinski has outlined two main research tracks for the Laude Institute:
Slingshots: Fast-track grants for early-stage AI projects. The institute has already collaborated with Stanford researchers on an AI agent benchmark used by Anthropic
1
4
.Moonshots: Larger grants for "long-horizon labs" addressing major challenges in areas such as scientific discovery, civic discourse, healthcare, and workforce reskilling
1
4
.The Laude Institute's first major grant is a $3 million annual commitment for five years to establish the new AI Systems Lab at UC Berkeley. Set to open in 2027, the lab will be led by Ion Stoica, current director of the Sky Computing Lab and co-founder of Anyscale and Databricks
1
2
.Konwinski describes the institute's mission as "built by and for computer science researchers" with the goal of catalyzing work that not only advances the field but also guides it towards more beneficial outcomes
1
. This approach seems to differentiate Laude from organizations like OpenAI, which have shifted towards more commercial endeavors1
.Related Stories
The Laude Institute has already made its mark on the AI industry:
1
4

Source: TechCrunch
While Konwinski has pledged $100 million of his own money, the institute is open to additional investments from other successful technologists
1
5
. Konwinski's financial capacity stems from his involvement with Databricks (valued at $62 billion) and Perplexity AI (valued at $14 billion)1
5
.
Source: Dataconomy
The launch of the Laude Institute comes at a critical time in AI development, as the field grapples with issues of transparency, ethics, and the concentration of research power in large tech companies. By supporting independent research with a focus on beneficial outcomes, the institute could play a crucial role in shaping the future of AI technology and its impact on society
3
5
.As the AI landscape continues to evolve rapidly, initiatives like the Laude Institute may help ensure that groundbreaking research is conducted in the public interest, potentially leading to more open and collaborative advancements in the field.
Summarized by
Navi
[1]
[2]
[3]
1
Technology

2
Technology

3
Science and Research
