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Industries
Social Impact
Company Size
51-200
Company Stage
Series E
Total Funding
$3.3B
Headquarters
Redwood City, California
Founded
2004
Omidyar Network focuses on using digital technology to promote fairness and prosperity in society. The organization collaborates with thinkers and innovators to ensure that the digital revolution benefits as many people as possible. With over $1.86 billion invested in various initiatives, Omidyar Network aims to empower individuals and communities by supporting projects that improve their control over data and enhance their decision-making abilities. What sets Omidyar Network apart from other philanthropic organizations is its emphasis on strategic partnerships and targeted investments in digital innovation, which are designed to create lasting social change. The ultimate goal of Omidyar Network is to foster a future where everyone has a voice and the ability to shape their own lives.
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Total Funding
$3307.9M
Above
Industry Average
Funded Over
0 Rounds
Orios onboards former Omidyar executive Madhav Tandan as A senior partner.
OAKLAND, Calif., May 29, 2024 /PRNewswire/ -- Today, Kapor Foundation , Omidyar Network , and San Francisco Foundation announced a joint commitment to help fund organizations focused on centering equity in the advancement of Artificial Intelligence (AI) across different sectors at the inaugural Joint California Summit on Generative AI. These initial commitments are in response to Governor Newsom's Executive Order N-12-23 signed back in September 2023, to study the development, use, and risks of AI technologies. A critical element of the implementation of this executive order includes ensuring that AI tools are developed and deployed equitably, ethically, and responsibly. This initial investment of $25M aims to drive immediate action and build momentum within the philanthropic sector during this key window of opportunity for impact."California has the distinction of being a longstanding global leader in technology, yet we have seen pervasive disparities in who creates technologies and who benefits from them. With the proliferation of AI technologies impacting all aspects of society, we must ensure we have a clear community informed stance on the responsible, equitable, and ethical development and use of these technologies and that they serve to uplift all communities, especially those historically marginalized," said Allison Scott, PhD, CEO of Kapor Foundation. "It is our collective responsibility to create an infrastructure that not only fosters innovation but also safeguards the well-being and rights of all individuals."Kapor Foundation, Omidyar Network, and San Francisco Foundation believe that California is uniquely positioned to lead the nation in setting the standards of what responsible, equitable and ethical AI looks like and ensuring all Californians can benefit from its promise and potential
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Chinese tech giant Tencent Holdings has struck its second bet in the educational technology segment in India by leading a Series A round of funding ......
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Industries
Social Impact
Company Size
51-200
Company Stage
Series E
Total Funding
$3.3B
Headquarters
Redwood City, California
Founded
2004
Find jobs on Simplify and start your career today