This is really cool, and so far also just seems to be the model of funding science and discovery that the US government and other grant making entities follow thus far. Submit for RFP to do X with Y. At ANL for example it was (and still is in Computing), use our HPC resources to accelerate your research (after of course review and approval of proposals).
Other large companies and foundations have copied this model and I would presume have given much more latitude in coloring outside the lines without red tape. Beyond that I am curious what will be innovative about this (sure, claude is amazing, but there's nothing stopping another grant making organization from saying here's a bunch of money and compute - hire great people and go wild)