Databricks, Perplexity co-founder pledges $100M on new fund for AI researchers

Posted under: AI technologies
Date: 2025-06-24
$100M Fund for AI Research by Databricks Co-founder | Justo Global

Andy Konwinski, co-founder of Databricks and Perplexity, has initiated the Laude Institute with a $100 million personal investment to support AI research. The institute aims to operate akin to a grant-funding body, launching its first $3 million per year grant for UC Berkeley's AI Systems Lab, led by Ion Stoica. Konwinski emphasizes that the institute, backed by notable experts like Jeff Dean and Joelle Pineau, aims to guide human-beneficial AI outcomes amidst a complex research landscape.

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