AIFortuneabout 3 hours ago
AI millionaires urged to fund existing nonprofits
5 min read
SpaceX's IPO created 4,400 new millionaires, with Anthropic and OpenAI expected to follow. The authors urge AI philanthropists to fund the 1.8 million existing U.S. nonprofits deploying $600 billion annually, citing MacKenzie Scott's $26 billion in unrestricted gifts as proof the sector can absorb capital.
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