Responsible Use of Sponsorship Funds

The LERAI Foundation, a non-governmental and non-profit organisation, is dedicated to the advancement and ethical development of artificial intelligence (AI). Through our diverse initiatives, we aim to educate, inspire, and foster collaboration in the AI field.

Utilization of Sponsorship Funds

  1. International Olympiad in Artificial Intelligence (IOAI)
    • Event Organization: A significant portion of sponsorship funds is allocated to the successful execution of the IOAI. This includes logistical arrangements, venue rentals, technological setup, and the facilitation of global participation.
    • Teams fees reduction: We provide financial assistance to ensure broad and inclusive participation, especially from underrepresented regions or communities, enhancing the diversity of the competition.
    • Resource Development: Investment in creating high-quality preparatory materials, online courses, and educational resources for participants to ensure a level playing field for all aspirants.
  2. LERAI Foundation Operations
    • Research and Development: Funds are directed towards ongoing AI research and development projects under the LERAI Foundation, focusing on innovative solutions and ethical AI practices.
    • Staff and Infrastructure: A part of the sponsorship supports our dedicated team and the operational infrastructure necessary for the smooth functioning of the foundation.
  3. Organizing AI-Related Events
    • Workshops and Conferences: Hosting various AI-centric workshops, seminars, and conferences to disseminate knowledge, share latest advancements, and discuss the future trajectory of AI.
    • Hackathons and Competitions: Organizing engaging AI hackathons and competitions to provide hands-on experience and challenge participants to solve real-world problems using AI technologies.
  4. Community Engagement and Education
    • Outreach Programs: Implementing educational programs and outreach initiatives to raise awareness about AI and its impacts in society.
    • Collaborations and Partnerships: Establishing partnerships with educational institutions, industry leaders, and other organizations to promote AI literacy and ethical AI development.

Our Commitment to Transparency The LERAI Foundation is committed to transparency in the utilization of sponsorship funds. We ensure that every contribution is judiciously used to further our mission of promoting AI education, ethical AI development, and global collaboration in the field.

Join Us We invite sponsors and collaborators to join us in this endeavor to shape a future where AI is developed responsibly and benefits all of humanity. Together, we can create a world where AI is not just a technological advancement, but a force for good.

Are you ready to support the future of AI?

Scroll to Top