OpenAI pays $40M for cancer vaccine data to boost medical AI

openai foundation, the nonprofit parent of openai, is funding a new effort called data for public health to help artificial intelligence make big leaps in medicine. it will give $40 million to a program collecting data about novel cancer vaccines at the university of north carolina, chapel hill, and support openadmet, a group running competitions to predict drug effects. additionally, $500,000 will be given to 1day sooner for ruxandra teslo's biotech archive idea. openai foundation's goal is to provide high-quality scientific datasets to improve ai models in biology and health. this comes as openai, now potentially worth $1 trillion, aims to use its wealth for charitable efforts.