Y Combinator launches research lab "for the benefit of the whole world"

Silicon Valley Business Incubator Y Combinator creates a non-profit organization to provide technological breakthroughs in the innovation business. First of all, we are talking about private technology companies that are developing with the money of venture investors. The organization is called YC Research . Recently, many successful projects have appeared. For example, such powerful start-ups as Dropbox , AirBnb, and Reddit came out of Y Combinator. More than 1,000 startups have completed a three-month business incubator program. Over 40 have a valuation of over $ 100 million.

Over time, Y Combinator began to support not only Internet projects, but also start-ups from the sphere of hardware, biotechnology and even nuclear energy.

But rare startups are truly innovative and make technological breakthroughs. Specialists YC Research will work in areas such as artificial intelligence, information protection and will solve other issues that remain open.
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Y Combinator President Sam Altman has invested $ 10 million in his own funds at YC Research. “I'm afraid this sounds like a cliche, but it is done for the benefit of the whole world,” Altman wrote on his blog. As we can see, over the course of world history, technological breakthroughs ultimately benefited us all, he adds. All invented technologies and intellectual property will be made public and will be distributed free of charge. Already formed the first group of researchers. It includes 10 experts, reports The Verge.

YC Research's research lab is reminiscent of Bell Labs, which developed transistors, laser, solar technology and more . It also has a lot in common with the Google X division, which is now part of the Alphabet holding.

According to Altman, the research will be focused on the long term. Some of them may last about 25 years.

In the meantime, the creators of YC Research continue to look for investment.