Gates Foundation Focuses Funding On Global Health

On Tuesday, the Gates Foundation said it will not change course despite global foreign aid cuts, pledging to concentrate at least 70% of its funding over the next 20 years on ending preventable maternal and child deaths and controlling infectious diseases, CEO Mark Suzman said. The foundation will spend $9 billion annually for five years, wind down some programs, and invest in AI partnerships including a $50 million OpenAI collaboration.