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technology

From Carnegie to Claude: AI wealth could reshape philanthropy

ET Tech & Digital IndiaBy ET Tech & Digital India
26 Oct 2026
Original: English
AI Synopsis & Key Briefing

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.

Key Highlights & Official Takeaways
  • ✓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.
  • ✓Civic Domain: Categorized under technology public notices.
Comprehensive News & Policy Report

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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Official Notice Specification
Issuing AuthorityET Tech & Digital India
Topic CategoryTECHNOLOGY
JurisdictionAll India / National
Publication Date26 October 2026
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Official Source Attribution: ET Tech & Digital India
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