BofA warns Fed risks policy mistake with early rate cuts
Investing.com -- OpenAI has announced the launch of NextGenAI, a unique consortium formed in partnership with 15 top research institutions. The initiative aims to utilize artificial intelligence (AI) to expedite research breakthroughs and revolutionize education. To support this cause, OpenAI has pledged $50 million in research grants, compute funding, and API access.
The NextGenAI consortium includes renowned institutions such as Caltech, the California State University system, Duke University, the University of Georgia, Harvard University, Howard University, Massachusetts Institute of Technology, the University of Michigan, the University of Mississippi, The Ohio State University, the University of Oxford, Sciences Po, Texas A&M University, Boston Children’s Hospital, the Boston Public Library, and OpenAI itself.
Each institution is employing AI to address high-impact challenges, ranging from transforming healthcare to redefining education. For instance, The Ohio State University is applying AI to expedite fields like digital health, advanced therapeutics, manufacturing, energy, mobility, and agriculture. They are also using AI to develop advanced learning models.
Researchers from Harvard University and Boston Children’s Hospital are using OpenAI tools and NextGenAI funding to decrease the time it takes for patients to receive the correct diagnosis, especially for rare diseases. They are also working to align AI more closely with human values in medical decision-making.
Duke University scientists are pioneering metascience research with AI, identifying the scientific fields where AI can provide the most benefit. Peter J. Mohler, Executive Vice President for Research, Innovation, and Knowledge at The Ohio State University, expressed excitement about joining OpenAI and this elite research partnership.
Texas A&M is utilizing NextGenAI resources for their Generative AI Literacy Initiative, which offers hands-on training to promote responsible use of AI in academic environments. MIT students and faculty will leverage OpenAI’s API and compute funding to train and fine-tune their own AI models and develop new applications.
Howard University plans to use AI to develop curricula, experiment with new teaching methods, improve university operations, and provide students with hands-on AI experience to prepare them as future leaders.
The University of Oxford is using AI for a broad research agenda, education, and university operations. Its famous Bodleian Library is digitizing rare texts and using OpenAI’s API to transcribe them, making centuries-old knowledge newly searchable by scholars worldwide.
The University of Mississippi is exploring new ways to incorporate AI into their core mission of education, research, and service, and to advance AI-driven solutions that benefit their students, faculty, and the broader community.
Boston Public Library, the first large free municipal public library in America, is digitizing public domain materials and using AI to make their information more accessible to patrons from all walks of life.
NextGenAI strengthens the crucial partnership between academia and industry, ensuring that AI’s benefits extend to laboratories, libraries, hospitals, and classrooms worldwide. Brad Lightcap, Chief Operating Officer at OpenAI, emphasized the importance of continued collaboration to build AI that benefits everyone.
This initiative expands OpenAI’s commitment to education, following the launch of ChatGPT Edu in May 2024, which enabled university-wide access to ChatGPT. NextGenAI complements this effort by providing institutions OpenAI’s APIs and funding to drive critical innovation.
NextGenAI is designed to support the scientist searching for a cure, the scholar uncovering new insights, and the student mastering AI for the world ahead. As the initiative progresses, OpenAI will explore opportunities to expand its reach and impact.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.