• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Ex-Google CEO Eric Schmidt Starting AI Firm To Solve Scientific Challenges

OMMCOM NEWS by OMMCOM NEWS
August 17, 2023
in Business

San Francisco: As artificial intelligence (AI) makes deeper inroads into our lives, former Google CEO Eric Schmidt is building a new organisation to tackle scientific challenges and potentially create breakthroughs from drug discovery to material sciences.

Schmidt has hired two distinguished scientists — Samuel Rodriques, founder of the Applied Biotechnology Laboratory at the Francis Crick Institute and Andrew White, a pioneer in the use of AI in chemistry — to run the nonprofit initiative, reports Semafor.

According to the report, the effort is similar to Microsoft-backed OpenAI which developed ChatGPT.

“Funding will come mostly from Schmidt’s personal wealth, but outside funds may be necessary given the ambition of the project,” the report claimed, citing people familiar with the plans.

The project is still in early stages and exact plans could change.

In a recent article in MIT Technology Review titled ‘This is how AI will transform the way science gets done’, Schmidt wrote: “With the advent of AI, science is about to become much more exciting — and in some ways unrecognisable. The reverberations of this shift will be felt far outside the lab; they will affect us all.”

With his wife Wendy, he co-founded Schmidt Futures, a philanthropic organisation that funds research projects that have the potential to generate a big impact.

The couple funded several other AI-related projects, including the nonprofit AI2050 and the AI in Science Postdoctoral Fellowship Programme, according to the report.

Schmidt served as CEO of Google from 2001 to 2011, the company’s executive chairman from 2011 to 2015, and executive chairman of parent company Alphabet from 2015 to 2017.

He served as Technical Advisor at Alphabet from 2017 to 2020.

 (IANS)

ShareTweetSendSharePinShareSend
Previous Post

Malkangiri’s Bonda Youth To Lead India U20 Squad In Asia Rugby Championship In Nepal

Next Post

3 Injured As Pvt Security Agency Guard’s Rifle Fires Bullets Accidentally

Related Posts

Business

India Should Focus On Atmanirbhar Innovation, Aims To Rank In Top Five AI Nations Globally: Scindia

October 5, 2025
Bitcoin
Business

Bitcoin Touches Record High Crossing $125,000

October 5, 2025
Business

NaMo Semiconductor Lab To Strengthen India’s Chip Design Ecosystem & Boost ‘Make In India’ Drive: Meity

October 5, 2025
Business

Swadeshi Campaigns To Help Domestic Textiles Demand Reach $250 Billion By 2030

October 5, 2025
Business

NSE Reduces Lot Sizes For Nifty 50, Other Index Derivatives From Oct 28

October 5, 2025
Business

KEPCO, KHNP To Spend Combined $26 Million In Lawsuits Over Dispute: Lawmaker

October 5, 2025
Next Post

3 Injured As Pvt Security Agency Guard’s Rifle Fires Bullets Accidentally

Fierce Clashes In Libya After Commander's Arrest Kill 55 People

Declare Situation In Himachal National Disaster: Civil Societies

Khimji
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.