The AI boom is creating new ultra-wealthy philanthropists reviving effective altruism after Sam Bankman-Fried's fraud conviction. Over 60 current and former Anthropic employees have pledged to donate 10% of income via Giving What We Can, while the company's seven co-founders plan to give away 80% of their $8bn each fortune. Executives at OpenAI and other Silicon Valley firms are also embracing EA principles.

Donations to effective charities reached $2bn in 2025 from 80,000 donors, up from $1.2bn the previous year. The movement, once damaged by Bankman-Fried's association, now focuses on evidence-based giving toward global health, animal welfare, and AI safety. The Shrimp Welfare Project raised £2.2mn for electric stunning technology, exemplifying EA's data-driven approach.

Critics argue EA reduces morality to calculations and prioritizes future generations through longtermism. Founders Pledge emphasizes stricter due diligence following FTX's collapse. Organisations face the challenge of deploying potential AI wealth effectively, with grant evaluation capacity becoming the primary bottleneck rather than funding itself.