The first five investments of the OpenAI Startup Fund

After its launch in November 2022, the OpenAI Startup Fund made the first investments in five innovative AI startups at the beginning of December.

The OpenAI Startup Fund is investing $100 million to help AI companies have a profound, positive impact on the world. We’re looking to partner with a small number of early-stage startups in fields where artificial intelligence can have a transformative effect—like health care, climate change, and education—and where AI tools can empower people by helping them be more productive.

The fund is managed by a dedicated team with expertise in investing, ML, engineering, talent and operations, including members of OpenAI leadership and technical staff. The fund’s investors consist of Microsoft and other OpenAI partners. In addition to capital, companies in the OpenAI Startup Fund will get early access to future OpenAI systems, support from the fund’s team and credits on Azure.

When they first launched the OpenAI Startup Fund, the team committed to invest early in a small number of startups that are pushing the boundaries of how powerful AI can positively impact the world and profoundly change people’s lives.

The OpenAI team heard from thousands of founders around the globe, all with unique missions to use AI to transform our most important industries.

We believe that our first four investments—Descript, Harvey AI, Mem, and Speak—have outsized potential to reshape creativity, legal services, productivity, and education, respectively, at scale. These companies deeply integrate cutting edge AI models to create experiences for users that were not previously possible.

We’re proud to partner with the talented founders and teams at Descript, Harvey AI, Mem and Speak, as they’re building the tools that we believe will have a significant impact on everything from legal services to language learning, productivity, and creative expression.

Said Brad Lightcap, OpenAI’s COO and manager of the OpenAI Startup Fund

Read the entire articole on the OpenAI Startup Fund News page: https://openai.fund/news/introducing-our-first-investments

Another innovative AI startup is Typing AI Biometrics. Their missin is to make the web a safer place to be. Typing AI identifies people by the way they type using Artificial Intelligence and Machine Learning.

We have transformed authentication, making it faster, simpler and better! That's why we are helping more and more developers and businesses to secure web, mobile and desktop applications using typing biometrics authentication based on Artificial Intellignece and Machine Learning.

More details could be found on the Typing AI website: https://typing.ai