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OpenAI’s $100M startup fund will make ‘big early bets’ with Microsoft as partner – Yahoo News Australia

OpenAI is launching a $100 million startup fund, which it calls the OpenAI Startup Fund, through which it and its partners will invest in early-stage AI…

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OpenAI is launching a $100 million startup fund, which it calls the OpenAI Startup Fund, through which it and its partners will invest in early-stage AI companies tackling major problems (and productivity). Among those partners and investors in the fund is Microsoft, at whose Build conference OpenAI founder Sam Altman announced the news.
In a prerecorded video, Altman explained that “this is not a typical corporate venture fund. We plan to make big early bets on a relatively small number of companies,…

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