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nicoledesignsdata.com reposted
@rami.spaceaustralia.com
Just saw this news now (looks like it is a few days old) arXiv has received private funding -- $17.2M to be distributed across the next 3-5 years to help it establish and transition to an independent not-for-profit. This is good news for the preprint server and open access res…
AI Weekly's analysis
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- arXiv announced $17.2 million in multiyear commitments from Simons Foundation International, XTX Markets, and Siegel Family Endowment on September 23, 2026.
- The three-to-five-year funding underwrites arXiv's transition from Cornell University to independent nonprofit status.
- Money will go to general operations, technical platform work including AI-generated content management, and nonprofit governance.
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