Knight Foundation awards $2 million to AI innovation nonprofit
 
            
    
    
                   
					The John S. and James L. Knight Foundation has announced a $2 million grant to Plug and Play—a development platform that connects startups, corporations, venture capital firms, universities, and government agencies—to foster AI innovation projects in San Jose, California.
The investment will help launch Plug and Play’s AI Center of Excellence, an initiative designed to attract top talent, nurture innovation, and position San Jose as a hub for entrepreneurs. Scheduled to launch in April, the San Jose AI Center of Excellence will focus on supporting startups developing AI technologies, connecting them with corporate partners, and creating opportunities for collaboration. In addition, the initiative will emphasize the development of practical AI applications, accelerating the adoption of innovative solutions to create a more efficient ecosystem across the region.
“San Jose is home to so many talented tech entrepreneurs,” said Knight Foundation San Jose director Allan Madoc. “Knight Foundation’s investment in Plug and Play is an exciting opportunity to fund and develop talent in the city while kick-starting more creative AI solutions to improve the rapidly growing field.”
(Photo credit: Getty Images/cofotoisme)

 
            
    
    
     
            
    
    
     
            
    
    
     
            
    
    
     
            
    
    
    				
			 
            
    
    
    				
			