Close Menu
arabianstartup.comarabianstartup.com
    What's Hot

    Venezuela’s Oil Is a Focus of Trump’s Campaign Against Maduro

    December 16, 2025

    As Israeli Settlements Get Bigger, Palestinian Hikes Grow Shorter

    December 16, 2025

    Iranian Authorities Assaulted Detained Nobel Laureate, Family Says

    December 15, 2025
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    arabianstartup.comarabianstartup.com
    Subscribe
    • Home
    • Insights
    • Business
    • Feature
    • Market Trend
    • Startups
    arabianstartup.comarabianstartup.com
    Home » Databricks, Perplexity co-founder pledges $100M on new fund for AI researchers
    Startups

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

    Arabian Media staffBy Arabian Media staffJune 23, 2025No Comments4 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Andy Konwinski, computer scientist and co-founder of Databricks and Perpelexity, announced on Monday that his personal company, Laude, is forming a new AI research institute backed with a $100 million pledge of his own money.

    Laude Institute is less an AI research lab and more like a fund looking to make investments structured similar to grants. In addition to Konwinski, the institute’s board includes UC Berkeley professor Dave Patterson (known for a string of award-winning research), Jeff Dean (known as Google’s chief scientist), and Joelle Pineau (Meta’s vice president of AI Research).

    Konwinski announced the institute’s first and “flagship” grant of $3 million a year for five years, and it will anchor the new AI Systems Lab at UC Berkeley. This is a new lab led by one of Berkeley’s famed, Ion Stoica, current director of the Sky Computing Lab. Stoica is also a co-founder of startup Anyscale (an AI and python platform) and AI big data company Databricks, both from tech developed in Berkeley’s lab system. 

    The new AI Systems Lab is set to open in 2027 and, in addition to Stoica, will include a number of other well-known researchers.

    In his blog post announcing the institute, Konwinski described its mission as ”built by and for computer science researchers … We exist to catalyze work that doesn’t just push the field forward but guides it towards more beneficial outcomes.”

    That’s not necessarily a direct dig at OpenAI, which started out as an AI research facility and is now, arguably, consumed by its enormous commercial side. But other researchers have fallen prey to the lure of money as well. 

    For instance, popular AI researcher Epoch faced controversy when it revealed that OpenAI supported the creation of one of its AI benchmarks that was then used to unveil its new o3 model. Epoch’s founder also launched a startup with a controversial mission to replace all human workers everywhere with AI agents.

    Like other AI research organizations with commercial ambitions, Konwinski has structured his institute across boundaries: as a nonprofit with a public benefit corporation operating arm.

    He’s dividing his research investments into two buckets that he calls “Slingshots and Moonshots.” Slingshots are for early-stage research that can benefit from grants and hands-on help. Moonshots are, as the name implies, for “long-horizon labs tackling species-level challenges like AI for scientific discovery, civic discourse, healthcare, and workforce reskilling.”

    His lab has, for instance, collaborated with “terminal-bench,” a Stanford-led benchmark for how well AI agents handle tasks, used by Anthropic. 

    One thing to note, Konwinski’s company Laude isn’t solely a grant-writing research institute. He also co-founded a for-profit venture fund launched in 2024. The fund’s co-founder is former NEA VC Pete Sonsini. As TechCrunch previously reported, Laude led a $12 million investment in AI agent infrastructure startup Arcade. It has quietly backed other startups, too.

    A Laude spokesperson tells us that while Konwinski has pledged $100 million, he’s also looking for, and open to, investment from other successful technologists. As to how Konwinski amassed a fortune enough to guarantee $100 million for this new endeavor: Databricks closed a $15.3 billion funding round in January that valued the company at $62 billion. Perplexity last month secured a $14 billion valuation, too. 

    Does the world really need yet another AI “good for humanity” research or with a murky nonprofit/commercial structure? No, and yes. 

    AI research has become increasingly muddled. For instance, AI benchmarks designed to prove that a particular vendor’s model works best have become plentiful these days. (Even Salesforce has its own LLM benchmark for CRMs.)

    An alliance that includes the likes of Konwinski, Dean, and Stoica supporting truly independent research that could one day turn into independent and human-helpful commerce could be an attractive alternative.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleWhat to Know about Al Udeid Air Base in Qatar
    Next Article Trump Urges Peace After Iran Fires Missiles at U.S. Base in Qatar With Advance Warning
    Arabian Media staff
    • Website

    Related Posts

    Consolidation begins to hit the carbon credit market

    November 10, 2025

    Knicks player Miles McBride launches a location-sharing friendship app to rival Snap Map

    November 10, 2025

    6Sense founder Amanda Kahlow raises $30 million for new human-replacement AI sales startup 1Mind

    November 10, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    10 Trends From Year 2020 That Predict Business Apps Popularity

    January 20, 2021

    Shipping Lines Continue to Increase Fees, Firms Face More Difficulties

    January 15, 2021

    Qatar Airways Helps Bring Tens of Thousands of Seafarers

    January 15, 2021

    Subscribe to Updates

    Unlock the latest trends, insights, and expert advice in the world of startups and entrepreneurship with our exclusive newsletter.

    Welcome to Arabian Startup, your ultimate source for the latest trends, insights, and success stories in the world of startups and entrepreneurship.

    Facebook X (Twitter) Instagram Pinterest YouTube
    Top Insights

    Top UK Stocks to Watch: Capita Shares Rise as it Unveils

    January 15, 2021
    8.5

    Digital Euro Might Suck Away 8% of Banks’ Deposits

    January 12, 2021

    Oil Gains on OPEC Outlook That U.S. Growth Will Slow

    January 11, 2021
    Get Informed

    Subscribe to Updates

    Unlock the latest trends, insights, and expert advice in the world of startups and entrepreneurship with our exclusive newsletter.

    @2025 copyright by Arabian Media Group
    • Home
    • About Us

    Type above and press Enter to search. Press Esc to cancel.