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CEOWORLD magazine - Latest - Banking and Finance - OpenAI Academy to Support AI Development in Low and Middle-Income Countries with $1 Million in API Credits

Banking and FinanceTech and Innovation

OpenAI Academy to Support AI Development in Low and Middle-Income Countries with $1 Million in API Credits

OpenAI has launched a new initiative called OpenAI Academy, aimed at empowering developers from low and middle-income countries by awarding $1 million in API credits. The program seeks to ensure that the transformative potential of artificial intelligence is shared across underserved communities worldwide, according to the company’s announcement.

The blog post highlights that while many countries boast fast-growing tech sectors with skilled developers and innovative organizations, access to advanced training and technical resources remains a significant hurdle. OpenAI sees investing in local AI talent as a way to make a transformative impact across various industries in these regions.

In addition to the API credit grants, OpenAI has committed to hosting incubators and competitions in collaboration with philanthropists to provide investment opportunities for organizations in these communities. This initiative is part of a broader effort to foster technological innovation in disadvantaged areas.

To further support non-English speaking communities, OpenAI has funded the translation of the Massive Multitask Language Understanding (MMLU) benchmark into 14 languages, including Arabic, Bengali, and Swahili. This translation effort aims to extend the benefits of AI technology to a wider range of linguistic groups, making advanced AI tools more accessible globally.

 

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CEOWORLD magazine - Latest - Banking and Finance - OpenAI Academy to Support AI Development in Low and Middle-Income Countries with $1 Million in API Credits
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Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz