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The Patrick J. McGovern Foundation will double its investments in data science and AI grants in 2021 to $40 million. The foundation is also introducing initiatives to promote the responsible and inclusive use of data and AI.
“We sit at the frontier of the digital age with a set of choices about the future of these powerful tools,” said foundation president Vilas Dhar. “Will it be a future where control remains in the hands of a few to benefit the elite? Or a future where we all participate in the co-creation of AI and data that solves our greatest global challenges and makes our individual lives better?”
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BOSTON, Jan. 28, 2021 /PRNewswire/ As AI and data increasingly influence our individual lives and shape the fabric of our shared future, questions about how to ensure these tools benefit humanity have never been more urgent.
Today, the Patrick J. McGovern Foundation is announcing that it will double its groundbreaking investments in data science and AI grantmaking in 2021 with a new commitment of $40 million and introduce new initiatives to accelerate opportunity and innovation in the development of inclusive, ethical data and AI. We sit at the frontier of the digital age with a set of choices about the future of these powerful tools, said Foundation President Vilas Dhar. Will it be a future where control remains in the hands of a few to benefit the elite? Or a future where we all participate in the co-creation of AI and data that solves our greatest global challenges and makes our individual lives better? Our 2021 commitments aim to
Jerry Yang elected chair of Stanford University Board of Trustees
Stanford alumnus Jerry Yang, founding partner of AME Cloud Ventures and co-founder of Yahoo!, has been elected chair of the Stanford University Board of Trustees, succeeding Jeff Raikes.
By Kate Chesley
Jerry Yang, a Stanford graduate who co-founded the search engine and web services provider Yahoo! and is currently the founding partner of the venture fund AME Cloud Ventures, has been elected chair of the Stanford University Board of Trustees. His two-year term begins July 1, 2021.
Jerry Yang (Image credit: Courtesy Jerry Yang)
Yang, who earned both his bachelor’s and master’s degrees in electrical engineering in 1990 from Stanford, succeeds Jeff Raikes, co-founder of the Raikes Foundation and former chief executive of the Bill & Melinda Gates Foundation. Raikes has served as chair since 2017. He will remain on the board of trustees after his term as chair concludes.
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