Overview
Schmidt Futures focuses on funding projects that unite talent and technology to solve global challenges. It provides grants, funding, and resources to researchers, scientists, and technologists working on high-potential solutions, routing support through its philanthropic network and partnerships with other organizations. The organization identifies and backs initiatives that address finite, interconnected problems and accelerates them by leveraging its network, expertise, and collaboration with other philanthropic actors. Revenue comes from donations and endowments from benefactors dedicated to fostering innovation and solving critical issues. Its goal is to achieve systemic change by funding strategic, high-impact work at the intersection of talent and technology.
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Simplify's Take
What believers are saying
- Schmidt Sciences posted fresh 2026 AI grants, including over $3 million for jobs research.
- Open calls remain active in 2026 for trustworthy AI and multi-agent safety.
- 2026 fellowship and grants activity shows continued hiring, partnerships, and scientific influence.
What critics are saying
- Forbes reported 2023 layoffs, closures, and spin-offs after a five-year program review.
- Schmidt Futures rebranded heavily toward Schmidt Sciences, signaling strategy drift and internal churn.
- Dependence on Eric Schmidt capital creates existential risk if family priorities shift in 2027.
What makes Schmidt Futures unique
- Eric and Wendy Schmidt fund long-horizon bets through Schmidt Sciences and Schmidt Futures.
- The 2026 trustworthy-AI agenda backs technical safety research, computing, and frontier-model access.
- Kyutai, launched November 2023, adds European open-AI-lab reach through Schmidt funding.
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