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flag OpenAI pledges $1 billion to fund AI research and address societal impacts.

flag OpenAI Foundation announced a $1 billion pledge over the next year to fund grants ensuring AI benefits all of humanity. flag The money will support life sciences, health research, and efforts to address AI's impact on jobs, the economy, and mental health, particularly among children. flag This marks a significant expansion of philanthropy following earlier commitments without a timeline, as the foundation renews its focus amid growing public concerns about AI's societal effects.

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