Sentient Foundation invests $42M to support open-source AGI ecosystem

The Sentient (SENT) Foundation, a non-profit organization supporting open-source artificial general intelligence (AGI) reasoning and research, announced on June 24 the launch of a $42 million AGI Grant and Investment Program to support the open-source AGI ecosystem. The foundation stated that the program aims to support developers, researchers, and companies building and utilizing open-source AGI. The initiative includes a grant track for researchers, independent developers, and public good initiatives, as well as an investment track for startups and teams. Sachi Kamiya, Head of Ventures & Growth at the Sentient Foundation, emphasized that the future of AGI should be shaped by many rather than controlled by a few. Kamiya added that while some companies seek to monopolize AGI, control access, and set prices, the foundation's goal is to make AGI a public good, like air.