Kapor Foundation, Omidyar Network, and San Francisco Foundation have announced an investment of $25 million to help fund organizations focused on centering equity in the advancement of AI. The joint commitment will help fund organizations across different sectors at the inaugural Joint California Summit on Generative AI. The fund is in response to Governor Newsom’s Executive Order N-12-23, signed in September 2023, which will study the development, use, and risks of AI technologies. The $25M Investment The initial $25 million investment aims to drive immediate action and build momentum within