Tech News
← Home  ·  All topics

Independent Nonprofit

1 GoKawiil brief on this topic

ArXiv secures $17.2 million to fund independence as nonprofit

ArXiv announced multiyear philanthropic commitments totaling $17.2 million from Simons Foundation International, XTX Markets, and Siegel Family Endowment. The funding, pledged over three to five years, will back arXiv's transition into an independent nonprofit organization, covering technical infrastructure, daily operations, and services for researchers worldwide.