Tuesday, March 11, 2025

OpenAI Invests $50M in Higher Ed Research - Kathryn Palmer, Inside Higher Ed

OpenAI announced Tuesday that it’s investing $50 million to start up NextGenAI, a new research consortium of 15 institutions that will be “dedicated to using AI to accelerate research breakthroughs and transform education.” The consortium, which includes 13 universities, is designed to “catalyze progress at a rate faster than any one institution would alone,” the company said in a news release. “The field of AI wouldn’t be where it is today without decades of work in the academic community. Continued collaboration is essential to build AI that benefits everyone,” Brad Lightcap, chief operating officer of OpenAI, said in the news release. “NextGenAI will accelerate research progress and catalyze a new generation of institutions equipped to harness the transformative power of AI.”

https://www.insidehighered.com/news/quick-takes/2025/03/05/openai-invests-50m-higher-ed-research