OpenAI is giving 10 AI startups $1M each and early access to its systems

OpenAI is giving 10 AI startups $1M each and early access to its systems
Image Credits: OpenAI

OpenAI, the company behind DALL-E 2, launched a $100 million fund that will choose ten early-stage AI startups and provide them with $1 million each, admission to five weeks of office hours, workshops and events with OpenAI staff, as well as early access to OpenAI models and “programming tailored to AI companies.”

The fund, which is backed by a number of partners, including Microsoft, will also provide participants with Azure resources.

“We’re excited to meet groups across all phases of the seed stage, from pre-idea solo founders to co-founding teams already working on a product,” OpenAI writes in a blog post. “Engineers, designers, researchers, and product builders…from all backgrounds, disciplines, and experience levels are encouraged to apply, and prior experience working with AI systems is not required.”

Startups will have till November 25th to apply, but OpenAI added that it will continue to evaluate applications after that date for future cohorts.

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