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    Home » Crypto News » Vitalik Buterin Funded AI Research Grant with Last Year’s Shiba Inu Donation

    Vitalik Buterin Funded AI Research Grant with Last Year’s Shiba Inu Donation

    Author: George Georgiev

    Last Updated Jul 22, 2022 @ 14:09

    Vitalik Buterin thanked the entire cryptocurrency community for the donation, which made the funding of an AI research grant possible.

    Back in 2021, Vitalik Buterin received trillions of SHIB tokens, and even though he burned some, he also kept some with the intention to donate. In one of the burning transaction hashes, Buterin explained:

    I have decided to burn 90% of the remaining Shiba tokens in my wallet. The remaining 10% will be sent to a (not yet decided) charity with similar values to CryptoRelief (preventing large-scale loss of life) but with a more long-term orientation.

    • One of the initiatives that he apparently funded with some of the donations was the so-called Vitalik Butern Ph.D. Fellowship in AI Existential Safety. 
    • It is designed for students who are starting their Ph.D. programs in 2022 and plan to work on AI existential safety research. It would also include existing Ph.D. students who wouldn’t otherwise receive funding to work on the same matter.

    At universities in the US, UK, or Canada, annual funding will cover tuition, fees, and the stipend of the student’s Ph.D. program up to $40,000 as well as a fund of $10,000 that can be used for research-related expenses such as travel and computing.

    • The first group of recipients of the grant has already been selected. It was announced on Wednesday.

    Please welcome our first class of @VitalikButerin
    Fellows in AI Existential Safety, and consider collaborating with them to ensure that AI become the best rather than worst thing to happen to humanity! https://t.co/El90YF95Xr pic.twitter.com/dKVX94upOM

    — Max Tegmark (@tegmark) July 20, 2022

    • Notably, Buterin thanked the entire Shiba Inu community, saying that without them, this would not have been possible.

    Big thanks to the Shiba Inu community, whose cryptocurrency made these fellowships possible! – He noted.

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    Tags: Shiba Inu (SHIB) Vitalik Buterin
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    About The Author

    George Georgiev
    More posts by this author

    Georgi Georgiev is CryptoPotato's editor-in-chief and a seasoned writer with over four years of experience writing about blockchain and cryptocurrencies. Georgi's passion for Bitcoin and cryptocurrencies bloomed in late 2016 and he hasn't looked back since. Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping. Contact George: LinkedIn

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