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American Focus > Blog > Tech and Science > Databricks, Perplexity co-founder pledges $100M on new fund for AI researchers
Tech and Science

Databricks, Perplexity co-founder pledges $100M on new fund for AI researchers

Last updated: June 24, 2025 2:40 am
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Andy Konwinski Launches $100 Million AI Research Institute

Renowned computer scientist Andy Konwinski, known for co-founding Databricks and Perplexity, made a groundbreaking announcement on Monday. He revealed that his new venture, Laude, is establishing an AI research institute backed by a substantial $100 million investment from his personal funds.

The Laude Institute will operate as a unique entity focusing on making strategic investments structured akin to grants rather than functioning as a traditional research lab. Konwinski has assembled a distinguished board for the institute, including UC Berkeley professor Dave Patterson, Google’s chief scientist Jeff Dean, and Meta’s vice president of AI Research Joelle Pineau.

As part of its inaugural initiative, the institute has allocated a significant grant of $3 million annually for five years to establish the AI Systems Lab at UC Berkeley. This state-of-the-art lab will be spearheaded by Ion Stoica, a respected researcher at Berkeley and the current director of the Sky Computing Lab. Stoica, a co-founder of Anyscale and Databricks, is renowned for his groundbreaking work in the field of AI.

Set to commence operations in 2027, the AI Systems Lab will house a team of accomplished researchers alongside Stoica, further enhancing its research capabilities and impact.

In a blog post detailing the institute’s mission, Konwinski emphasized its commitment to fostering research that not only advances the field of computer science but also steers it towards more beneficial outcomes. This vision sets the Laude Institute apart from other organizations that may prioritize commercial interests over research integrity.

Notably, Konwinski has adopted a unique approach by structuring Laude as a nonprofit entity with a public benefit corporation arm, emphasizing the importance of social impact in AI research. He has categorized the institute’s research investments into “Slingshots” for early-stage projects and “Moonshots” for long-term, transformative endeavors tackling critical societal challenges.

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Collaborations with initiatives like “terminal-bench,” a benchmark framework developed by Stanford University, underscore Laude’s commitment to advancing AI research in a collaborative and impactful manner.

While Laude’s primary focus is on research and social impact, Konwinski has also ventured into the realm of for-profit investments through the Laude VC fund. This strategic move aims to support innovative AI startups and further drive technological advancements in the industry.

With a strong financial backing stemming from the success of Databricks and Perplexity, Konwinski’s vision for Laude represents a significant step towards fostering independent and socially-conscious AI research in an increasingly complex landscape.

As the field of AI continues to evolve, initiatives like the Laude Institute offer a ray of hope for independent and ethical research that prioritizes human well-being over commercial gains. The collaborative efforts of industry stalwarts like Konwinski, Dean, and Stoica signal a promising future for AI research that is both impactful and socially responsible.

Note: This article has been updated to include additional details about the Laude VC fund.

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