ChanZuckerbergInitiative
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Chan Zuckerberg Initiative acquires Meta's scientific search engine
In September, Facebook CEO and his wife Dr. Priscilla Chan promised to spend a whopping $3 billion of the Chan Zuckerberg Initiative's extensive capital over the next 10 years, as it works towards its lofty goal of curing, preventing or managing all diseases by the end of the century. To get a little bit closer to that goal, the Initiative announced Monday that it will acquire the AI-powered research paper search engine Meta and make the service free for anyone to use.
Chan Zuckerberg Initiative to invest $3 billion to cure disease
Facebook CEO Mark Zuckerberg launched the Chan Zuckerberg Initiative last year with his wife, Priscilla Chan, in an effort to try to "advance human potential and promote equality for all children in the next generation." The two pledged to donate 99 percent of their Facebook shares -- which is worth upwards of $50 billion -- to the cause. Today, the couple held a press event in San Francisco to announce their next big project: curing diseases. Indeed, it has pledged $3 billion over the next decade to cure, prevent and manage all diseases by the end of the century.
Zuckerberg foundation aims to help with SF's housing crisis
The influx of engineers, employees and entrepreneurs into Silicon Valley has caused area housing prices to skyrocket, pushing out locals and earning the industry some deserved ill-will. Now the nascent Chan Zuckerberg Initiative has turned its attention to the problem, spending the last few weeks meeting with experts. But the endeavor is still heavily in the research phase, so don't expect it to find a solution to the complex housing crisis soon.
