OpenAI Foundation will donate $40.5 million to a U.S. nonprofit organization

Jinse Finance reported that OpenAI's nonprofit foundation announced it will donate $40.5 million this year to 208 nonprofit organizations across the United States that support local communities. This is the largest external philanthropic commitment made by the artificial intelligence giant to date. The donations aim to "expand opportunities in artificial intelligence" and will support work in the following three areas: AI literacy and public understanding, community innovation, and economic opportunity. This donation marks OpenAI's largest nonprofit expenditure so far, but it still represents only a small portion compared to the foundation's equity value of approximately $130 billion following the recent corporate restructuring. A recent tax filing showed that last year, the OpenAI Foundation donated $7.5 million.