AI & Blockchain

OpenAI Launches Second Round of AI Startup Fund, Converge 2

Author : Renuka K

OpenAI has announced the second round of its AI startup program, Converge 2, which aims to invest $1 million each in 15 selected startups over a six-week period. This initiative, open to global participants including engineers, designers, researchers, and product builders, is designed to foster innovation in AI. Following the success of its first phase in November 2022, where 12 startups received similar funding, OpenAI continues to support aspiring founders in developing groundbreaking AI products. The program, with sessions in San Francisco and inclusive of diverse backgrounds, highlights OpenAI's commitment to pushing the boundaries of applied AI. The application period for this round is set from December 13, 2023, to January 26, 2024.

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