New Delhi, March 7 -- OpenAI has recently launched NextGenAI, an initiative aimed at speeding up AI-based research in universities across the world. The program comes with a fund of USD 50 million that will be used to issue research grants alongside providing compute credits and API access for aiding students, teachers, and researchers that want to look into the possibilities of AI.

The initiative was started together with 15 top academic institutions such as Harvard, Oxford, MIT, and Duke with the goal of providing scholars with more AI capabilities so that they can accomplish more scientific discoveries and improve the education of AI. Sam Altman, the CEO of OpenAI, announced the program through a post in X, sharing his thoughts on how...