Business News Report Technology
September 23, 2024

OpenAI Introduces Academy, Plans To Distribute First $1M For New App Development

In Brief

OpenAI unveiled Academy for investing in builders and teams that use AI to address issues and bolster economic growth in their communities.

OpenAI Introduces Academy, Plans To Distribute First $1M For New App Development

Artificial intelligence research organization OpenAI introduced OpenAI Academy, a new initiative aimed at investing in developers and organizations that utilize AI to address challenges and promote economic growth within their communities. This program recognizes that developers and mission-focused organizations play a vital role in solving pressing local issues, and access to advanced technologies like AI can boost their efforts toward sustainable development.

Many countries have rapidly expanding technology sectors filled with skilled developers and new organizations. However, access to advanced training and technical resources often remains insufficient. By investing in the development of local AI talent, economic growth and innovation can be spurred across various sectors, including healthcare, agriculture, education, and finance.

The OpenAI Academy program aims to bridge this gap by providing training and technical guidance. Participants will receive support from OpenAI experts as they leverage AI for their initiatives. Additionally, the program will offer API credits, initially distributing $1 million in credits to enhance access to OpenAI models, enabling them to create and deploy new applications.

It will also promote the establishment of a global network of developers aimed at collaboration, knowledge sharing, and fostering collective innovation. At the same time, it plans to maintain partnerships with philanthropists to support organizations addressing challenges directly within their communities.

OpenAI Expands Global Impact With AI Education And Support Initiatives

OpenAI is dedicated to advancing research and development in artificial general intelligence (AGI) and generative models, gaining recognition for its chatbot technology, ChatGPT.

In the past year, OpenAI has witnessed impacts from investments in AI education, resources, and community building. For instance, KOBI, a winner of the OpenAI prize at The Tools Competition, leverages AI to assist students with dyslexia in learning to read. Similarly, I-Stem, one of the winners of the turn.io Chat for Impact contest, utilizes AI to improve access to content for blind and low-vision individuals in India, facilitating their employment opportunities. 

To further assist developers worldwide, it  has funded and published a professional translation of the Massive Multitask Language Understanding (MMLU) benchmark, which assesses AGI intelligence, into 14 languages.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles
Alisa Davidson
Alisa Davidson

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

Hot Stories

Turning Domains into the Backbone of Web3 with D3

by Victoria d'Este
May 23, 2025
Join Our Newsletter.
Latest News

The Calm Before The Solana Storm: What Charts, Whales, And On-Chain Signals Are Saying Now

Solana has demonstrated strong performance, driven by increasing adoption, institutional interest, and key partnerships, while facing potential ...

Know More

Crypto In April 2025: Key Trends, Shifts, And What Comes Next

In April 2025, the crypto space focused on strengthening core infrastructure, with Ethereum preparing for the Pectra ...

Know More
Read More
Read more
DeFi Execution Without the DeFi Headache With Pluton Finance
Hack Seasons Interview Business Markets Technology
DeFi Execution Without the DeFi Headache With Pluton Finance
May 23, 2025
Turning Domains into the Backbone of Web3 with D3
Hack Seasons Interview Business Markets Technology
Turning Domains into the Backbone of Web3 with D3
May 23, 2025
DOP Proposes Bold Tokenomics Reset to Help Spur Ecosystem Growth Even Further
Press Releases Technology
DOP Proposes Bold Tokenomics Reset to Help Spur Ecosystem Growth Even Further
May 23, 2025
Gate’s GET To Transform Entertainment With Web3-Powered Participatory Economy
News Report Technology
Gate’s GET To Transform Entertainment With Web3-Powered Participatory Economy
May 23, 2025