AI-Backed Philanthropic Initiative Intercept Launches With $500M to Target Cold and Flu Viruses
By
Alicia Ault
Summary
A new philanthropic initiative called Intercept, backed by $500 million in seed funding from Anthropic, OpenAI Foundation, Stripe, Jane Street, and Bill Gates, aims to eliminate respiratory viruses starting with the common cold and influenza. The organization will focus on developing universal antiviral platforms and air cleaning technologies to address the significant economic and health burden caused by these common infections each year.
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Key quotes
· 3 pulledIntercept is starting with $500 million in seed funding from Anthropic, OpenAI Foundation, and the payment company Stripe, along with venture capitalists at Jane Street, and from Bill Gates, through a philanthropic entity.
The organization is going after cold and flu viruses first, citing the huge economic and health burden these common infections cause each year.
The $500 million seed fund will support universal antiviral platforms and air cleaning technologies.
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