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National Funders Commit $25M to Center and Accelerate Responsible, Equitable and Ethical AI at Inaugural Joint California Summit on Generative AI

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OAKLAND, Calif., May 29, 2024 /PRNewswire/ — Today, Kapor Foundation, Omidyar Network, and San Francisco Foundation announced a joint commitment to help fund organizations focused on centering equity in the advancement of Artificial Intelligence (AI) across different sectors at the inaugural Joint California Summit on Generative AI. These initial commitments are in response to Governor Newsom’s Executive Order N-12-23 signed back in September 2023, to study the development, use, and risks of AI technologies. A critical element of the implementation of this executive order includes ensuring that AI tools are developed and deployed equitably, ethically, and responsibly. This initial investment of $25M aims to drive immediate action and build momentum within the philanthropic sector during this key window of opportunity for impact.

“California has the distinction of being a longstanding global leader in technology, yet we have seen pervasive disparities in who creates technologies and who benefits from them. With the proliferation of AI technologies impacting all aspects of society, we must ensure we have a clear community informed stance on the responsible, equitable, and ethical development and use of these technologies and that they serve to uplift all communities, especially those historically marginalized,” said Allison Scott, PhD, CEO of Kapor Foundation. “It is our collective responsibility to create an infrastructure that not only fosters innovation but also safeguards the well-being and rights of all individuals.”

Kapor Foundation, Omidyar Network, and San Francisco Foundation believe that California is uniquely positioned to lead the nation in setting the standards of what responsible, equitable and ethical AI looks like and ensuring all Californians can benefit from its promise and potential. This will require investments across public, private, and nonprofit sectors to:

Invest in world-class education to ensure all students are prepared to be critical consumers and producers of emerging technologiesSupport new approaches to talent development and worker power to prepare the underrepresented workforce for jobs in the emerging technology sectorInvest in the development of new technologies and products to address critical inequities across sectors while producing economic gainsAdvocate to put appropriate regulation and accountability measures in place to protect from potential harms while spurring innovationInvesting in innovative solutions to solve the Bay Area’s housing crisis so that everyone can have affordable and secure housing

“We have a momentous opportunity before us to shape an AI future that prioritizes positive human and societal impacts. Omidyar Network aims to build a more inclusive AI infrastructure that centers the social impacts of generative AI, elevates a range of diverse voices in AI development and governance, and promotes innovation and competition to maximize AI’s promise. By bringing together California’s equity-centered stakeholders, from technologists and advocates, to activists, workers, philanthropies, and public sector leaders, we can transform today’s technological ecosystem to ensure innovation in service of society for years to come,” said Anamitra Deb, Managing Director, Responsible Tech at Omidyar Network.

These initial commitments aim to support action and advocacy to advance equitable AI that fosters a thriving multiracial democracy. In parallel, Kapor Foundation, Omidyar Network and the San Francisco Foundation will also work alongside academia, nonprofit, private & public sector organizations to co-design new initiatives that will help change the AI landscape in CA. These funders will also galvanize the philanthropic sector to invest in organizations focused on the use of responsible AI in education, workforce, innovation, and infrastructure.

“We know from prior experiences that new technologies can help to level the playing field and address disparities in access and opportunity, and at SFF we’re in the early stages of exploring the potential of AI to advance equity. But we also know that technology can widen gaps without intervention and diverse participation,” said Fred Blackwell, CEO of the San Francisco Foundation. “Right now, our goal is to deepen our understanding of how this technology will impact our communities and how we can ensure it benefits all of us.”

About Kapor Foundation
Working within the Kapor Center family of organizations to reimagine and reconstruct a more inclusive and equitable technology sector, the Kapor Foundation works at the intersection of racial equity and technology to expand access to K-12 computer science and postsecondary tech pathways, improve tech accountability and worker protections, and increase investments in infrastructure and innovation. We advocate for policy change, conduct research, support partners through strategic grantmaking, and invest in entrepreneurship and VC.

About Omidyar Network
Omidyar Network is a social change venture that reimagines critical systems, and the ideas that govern them, to build more inclusive and equitable societies—for the benefit of the many, not just the few—across the globe.

About San Francisco Foundation
The San Francisco Foundation is committed to a Bay Area where everyone can get a good job, live in a safe and affordable home, and exercise their political voice. The foundation advances its work through grantmaking, partnerships with donors, policy advocacy, and impact investing.

View original content:https://www.prnewswire.com/news-releases/national-funders-commit-25m-to-center-and-accelerate-responsible-equitable-and-ethical-ai-at-inaugural-joint-california-summit-on-generative-ai-302158673.html

SOURCE Kapor Foundation

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STEPHEN A. SMITH ADDRESSES WHITE HOUSE DINNER ATTENDANCE, REAFFIRMS COMMITMENT TO HBCUs AND PROTECTING CORPORATE INVESTMENT IN BLACK EDUCATION

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Stephen A. Smith, media mogul, New York Times bestselling author, and proud 1991 graduate of Winston-Salem State University, is addressing the public discussion surrounding his decision to attend a White House dinner with President Donald Trump, emphasizing his commitment to the long-term financial stability of Historically Black Colleges and Universities (HBCUs).

For Smith, the decision was rooted in a commitment to institutions that have educated generations of Black leaders, professionals, entrepreneurs, and public servants.

“I will always advocate for HBCUs and the students whose futures depend on them,” Smith said. “My reason for attending the White House dinner was to discuss the challenges these institutions face in securing long-term funding and to make the case that corporate America must continue to invest in them.”

Smith acknowledged federal support through the FUTURE Act while expressing concern that political tensions surrounding diversity, equity, and inclusion (DEI) could discourage private companies from supporting HBCUs. He maintains that these institutions deserve sustained corporate partnerships, philanthropic contributions, and public investment.

“If we truly believe in free-market capitalism, businesses should be able to support educational institutions and charitable causes without fear of criticism or repercussions,” Smith said. “HBCUs have made extraordinary contributions to this country. They deserve sustained public and private investment.”

Ashley Christopher, Esq., Founder and CEO of the HBCU Week Foundation, recognized Smith’s advocacy and decision to engage with the administration.

“Stephen A. Smith has been a powerful advocate for HBCUs, using his platform and influence to shine a national spotlight on our institutions,” expressed Christopher, “His continued support of HBCU Week helps advance our mission of connecting students with life-changing educational opportunities, and we are proud to have him as our ambassador.”

Since Smith became an HBCU Week Ambassador in 2019, the initiative has facilitated more than 15,000 on-the-spot college acceptances and raised and awarded more than $150 million in scholarships, according to the HBCU Week Foundation.

As public discussion continues, Smith is emphasizing the importance of ensuring HBCUs have the resources and partnerships needed to educate future generations and expand opportunities for students.

CLICK HERE to watch Smith’s full response to his White House visit.

MEDIA CONTACT:

media@mrsasinc.com

View original content:https://www.prnewswire.com/news-releases/stephen-a-smith-addresses-white-house-dinner-attendance-reaffirms-commitment-to-hbcus-and-protecting-corporate-investment-in-black-education-302918547.html

SOURCE Straight Shooter Media

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Advantex Announces Completion of Financing and Extension of Maturity Date of Previously Issued Debentures

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TORONTO, Oct. 23, 2026 /CNW/ — Advantex Marketing International Inc. (CSE: ADX) (“Advantex”), a leader in the merchant cash advance and loyalty marketing products for merchants, today announced the completion of a $250,000 secured debt financing. Advantex issued a $250,000 non-convertible debenture which bears an interest rate at 12% per annum and matures December 15, 2027. The proceeds raised from this issuance of the Debenture will be used for working capital purposes.

Advantex has also extended the maturity of its existing $700,000 in 12% secured debentures from October 10, 2026 to December 15, 2027.

About Advantex Marketing International Inc.

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants.

Advantex shares trade on the Canadian Securities Exchange under the symbol ADX. For more information go to Advantex’s profile on www.sedar.com

Forward-Looking Information

This news release contains “forward-looking statements” within the meaning of applicable securities laws relating to the future business and operations of Advantex. Actual results and developments may differ materially from those contemplated by these statements. The business and operations of Advantex described herein is dependent on a number of factors and is subject to a number of risks and uncertainties. Factors that could cause actual results to differ material include, but are not limited to, changes in Advantex’s economic and competitive conditions including but not limited to the industry sectors in which Advantex operates.

The statements in this news release are made of the date of this release. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and Advantex undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

SOURCE Advantex Marketing International Inc.

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Club Offers for Travel Enthusiasts in Canada

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TORONTO, Oct 23, 2026 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces three of many new Club Offers for Club Members in Canada.

Rigorously vetted and negotiated for us travel enthusiasts:

$799—COSTA RICA WEEK WITH FLIGHTS & CAR
We think fall is an ideal time to visit Costa Rica; the scenery is lush and the crowds are gone. Drive between volcanic Arenal and the idyllic beaches of Tamarindo on this seven-night trip. Since it’s not as busy, we were able to negotiate a price that saves members up to $648 on departures through mid-December.

$899—BARCELONA: 5 NIGHTS WITH FLIGHTS
Explore Barcelona’s world-class museums and architectural masterpieces in the quieter winter months to pack more into your trip. You won’t waste hours in lines and can access top restaurants that are fully booked in summer. We save $300 on travel this January and February, when temperatures are still spring-like. Roundtrip flights from Toronto, hotel and daily breakfast are included.

$999—ST. KITTS GETAWAY FOR 2, REG. $2083
Most visitors to St. Kitts book months in advance, but when we pointed out that travel enthusiasts are more spontaneous, this resort gave us a terrific rate for stays this November and December. Spend four nights in Frigate Bay and get an upgraded Oceanview room, too.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

Who are we?
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travellers. Club Members receive Club Offers negotiated and rigorously vetted by our deal experts around the globe. Our relationships with thousands of top travel companies give us access to irresistible deals. Our club and its benefits are built around the lifestyle of a modern travel enthusiast.

Media Contact: 
Amanda Ieraci – Toronto
+1 437 866 8540
aieraci@travelzoo.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/club-offers-for-travel-enthusiasts-in-canada-302918543.html

SOURCE Travelzoo

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