OpenAI has launched NextGenAI, a new consortium aimed at advancing research and education through artificial intelligence. The initiative includes a commitment of $50 million in funding, which will be distributed as research grants, compute funding, and API access to support students, educators, and researchers. The consortium, led by Brad Lightcap, OpenAI's Chief Operating Officer, comprises 15 leading research institutions, including Harvard University, the Massachusetts Institute of Technology (MIT), and the University of Oxford. These institutions will collaborate to extend the use of AI to university laboratories, libraries, hospitals, and classrooms worldwide, tackling challenges in various fields such as healthcare and education.