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Databricks, Perplexity co-founder pledges $100M on new fund for AI researchers

Andy Konwinski, computer scientist and co-founder of Databricks and Perpelexity, announced on Monday that his personal company, Laude, is forming a new AI research institute backed with a $100 million pledge of his own money. Laude Institute is less an AI research lab and more like a fund looking to make investments structured similar to grants. In addition to Konwinski, the institute’s board includes UC Berkeley professor Dave Patterson (known for a string of award-winning research), Jeff Dean