Schmidt Futures

Schmidt Futures

Philanthropic initiative supporting innovative projects

About

Schmidt Futures focuses on promoting innovation by funding projects that combine talent and technology. It provides grants and resources to researchers, scientists, and technologists who are addressing significant global challenges. The organization distinguishes itself by targeting specific issues that connect with other initiatives within its philanthropic network, ensuring a strategic approach to resource allocation. By leveraging its extensive network and collaborating with other philanthropic organizations, Schmidt Futures aims to maximize the impact of its funding and drive systemic change in various fields.

Company Stage

N/A

Employees

201-500

Industries

Social Impact, AI & Machine Learning

Total Funding

$166.9M

Headquarters

New York City, New York

Founded

2017


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Simplify's Take

What believers are saying

  • Increased focus on sustainable aviation fuels aligns with Schmidt Futures' green initiatives.
  • The rise of open-source AI labs fosters collaboration, benefiting Schmidt Futures' research goals.
  • Venture philanthropy trend creates new opportunities for Schmidt Futures' funding model.

What critics are saying

  • Competition in AI research funding is intensifying, challenging Schmidt Futures' initiatives.
  • Biomass projects may face regulatory challenges, affecting Schmidt Futures' investments.
  • Open-source AI research may lead to intellectual property conflicts for Schmidt Futures.

What makes Schmidt Futures unique

  • Schmidt Futures uniquely combines philanthropy with venture capital to drive systemic change.
  • The organization supports projects at the intersection of talent and technology.
  • Schmidt Futures collaborates with other philanthropic entities to maximize impact.

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