The Micron Foundation (Nasdaq:MU) announced a $1 million grant for universities and nonprofit organizations to conduct research into how artificial intelligence (AI) can improve lives while ensuring safety, security and privacy. The grant was announced at the inaugural Micron Insight 2018 conference where the technology industry's top minds gathered in San Francisco to discuss the future of AI, machine learning and data science, and how memory technology is essential in bringing intelligence to life. "Artificial intelligence is one of the frontiers where science and engineering education can best be applied," said Micron Foundation Executive Director Dee Mooney. "We want to accelerate advances in AI by investing in education and making sure that pioneers of this technology, reflect the diversity and richness of the world we live in and build a future where AI benefits everyone." Micron awarded a total of $500,000 to three initial recipients at Micron Insight 2018.