Bret Taylor Leads OpenAI Foundation’s $1B Drive for A.I. Safety and Health
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Bret Taylor Leads OpenAI Foundation’s $1B Drive for A.I. Safety and Health
With $1 billion in new commitments, Bret Taylor’s OpenAI Foundation aims to reshape A.I. impact, from health research to A.I. resilience.
OpenAI, founded in 2015 as a nonprofit devoted to ensuring A.I. benefits all of humanity, drew criticism after creating a capped‑profit subsidiary in 2019 and was accused by figures such as co‑founder Elon Musk of drifting from its mission. That chapter effectively closed last year when OpenAI converted to a public benefit corporation and granted the nonprofit a 26 percent equity stake as part of the recapitalization. With that stake now valued at around $130 billion, the foundation plans to back projects that both expand A.I.’s upside and tackle its risks, according to Bret Taylor, chair of the OpenAI Foundation, now one of the world’s largest charities.
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