Eric Schmidt's $10 Million Bet on A.I. Safety

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Eric Schmidt's $10 Million Bet on A.I. Safety

//science-technology.news-articles.net/content/2 .. eric-schmidt-s-10-million-bet-on-a-i-safety.html

Published in Science and Technology on Tuesday, February 18th 2025 at 16:02 GMT by Observer
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Investing in the future of A.I. is nothing new for Eric Schmidt, who has spent the past few years backing dozens of startups like Stability AI, Inflection AI and Mistral AI. But through a new $10 million venture aiming to bolster research on safety challenges surrounding the new technology, the former Google (GOOGL) CEO is taking a different tack.

Eric Schmidt, former CEO of Google, has awarded $10 million to a group of AI researchers to study AI safety, focusing on preventing potential misuse and ensuring ethical development of AI technologies. The initiative, announced in February 2025, aims to address critical issues like AI alignment, where AI systems are designed to act in accordance with human values, and to mitigate risks associated with advanced AI capabilities. The funding will support a diverse team of experts from various fields including computer science, ethics, and policy, to collaborate on creating frameworks and guidelines for safe AI development. This move underscores the growing recognition of AI's transformative potential alongside the urgent need to manage its risks responsibly.

Read the Full Observer Article at:
[ https://observer.com/2025/02/eric-schmidt-awards-ai-researchers-10m-study-safety/ ]