- Updated: June 23, 2025
- 1 min read
Databricks and Laude Institute Launch $100M AI Research Initiative
Databricks and the Laude Institute have announced a $100 million initiative to advance AI research and innovation. This initiative aims to bring together top experts and resources to drive transformative impacts across industries. The collaboration focuses on developing AI technologies with strategic impact, aiming to deliver actionable insights and solutions. The initiative is expected to yield new methodologies and applications, redefining industry standards and driving economic growth. For more information, you can read the original article [here](https://techcrunch.com/2025/06/23/databricks-perplexity-co-founder-pledges-100m-on-new-fund-for-ai-researchers/).