MIT announced the awarding of Schmidt Sciences AI2050 fellowships to five of its professors and two of its alumni.

According to MIT News AI, the awards are intended to advance research in the field of AI beneficial to society.

The practical significance of the announcement is still hard to assess: the source does not report on specific projects, grant amounts, or expected results. An additional limitation is that the information is presented as a brief description rather than the full text of the material.