Sam Altman gives up control of OpenAI Startup Fund, resolving unusual corporate venture structure | TechCrunch
Briefly

from TechCrunch1 month ago
OpenAI CEO Sam Altman transferred formal control of the corporate venture fund to Ian Cathaway to avoid potential conflicts.
TechCrunchhttps://techcrunch.com/2024/04/01/sam-altman-gives-up-control-of-openai-startup-fund-resolving-unusual-corporate-venture-structure/
The Open AI Startup Fund, with $175 million in commitments, invests in early-stage AI-driven startups in various sectors like healthcare and autonomous driving.
TechCrunchhttps://techcrunch.com/2024/04/01/sam-altman-gives-up-control-of-openai-startup-fund-resolving-unusual-corporate-venture-structure/
Read at TechCrunch
#openai #corporate-venture-fund #startup-fund #ai-driven-companies #investments
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