Coefficient Giving’s CEO on Silicon Valley $40 billion philanthropy boom

Alexander Berger arrived at the philanthropy now known as Coefficient Giving more than a decade ago to research global public health. He was a bit skeptical of its focus on more novel issues like the risks posed by artificial intelligence.But when a swarm of AI agents hacked developer hub Hugging Face in July, an organization that Coefficient helped get its start and continues to finance, Redwood Research, was one the two key outfits OpenAI brought in to analyze the breach. Redwood, like Coefficient itself, is a new institution operating at a scale that’s rarely understood outside the small world of AI — but at a serious scale: Redwood received a $36 million grant from Coefficient last November.“The evolution of the last couple years of progress in AI makes me feel like the early bets that