OpenAI Startup Fund

OpenAI has announced the launch of a $100 million startup fund with Microsoft as one of its partners and investors. At Build, OpenAI founder Sam Altman unveiled the news to developers who can use OpenAI’s powerful tools such as GPT-3 to create innovative applications that will make a positive impact in the world. Microsoft CTO Kevin Scott expressed his excitement by saying “Microsoft is thrilled to be able to support this fund” during their live stream. In addition, companies chosen for funding will have access to new OpenAI systems and Azure resources from Microsoft earlier than other organizations. Moreover, OpenAI is particularly encouraging founders from underrepresented groups to apply for this program.

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