OpenAI Foundation Launches $50M 'People-First AI Fund' for Nonprofits
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On June 24, 2026, the OpenAI Foundation announced a 2026 People-First AI Fund committing $50 million in grants to U.S. community-based nonprofits using AI to expand services and opportunity, with applications open through July 15, 2026. The move continues OpenAI's effort to channel philanthropic capital toward social-impact AI use even as the company prepares a potential IPO at a ~$730B private valuation.