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deep tech Tech-Economic Times October 26, 2026

From Carnegie to Claude: AI wealth could reshape philanthropy

From Carnegie to Claude: AI wealth could reshape philanthropy
AI Summary

A wave of American wealth created by artificial intelligence companies could produce some of the largest charitable sums since the era of Andrew Carnegie and John D. Rockefeller, raising questions about where the money goes. Nan Ransohoff of payments firm Stripe has described the moment as a "third wave" of American philanthropy, after the industrial fortunes of the late 19th century and the internet billionaires of recent decades.

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