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OpenAI Startup Fund launches second Converge startup cohort | TechCrunch

Dec 14, 2023 - techcrunch.com
OpenAI Startup Fund has announced the launch of Converge-2, the second cohort of its six-week program for engineers, designers, researchers, and product builders using AI. The 10-15 selected startups will receive a $1 million equity investment from the fund, amounting to at least a $10 million investment in the program. Participants will also gain access to tech talks, office hours, social events, and conversations with leading practitioners and the fund's community of builders.

The program is open to founders from all backgrounds, disciplines, and experience levels, including those based outside of the U.S. No prior experience with AI systems is required. However, selected startups must devote four to six hours per week to the program from March 11 to April 19. The application deadline is January 26.

Key takeaways:

  • The OpenAI Startup Fund has announced the launch of Converge-2, the second cohort of its six-week Converge program for engineers, designers, researchers, and product builders using AI.
  • The 10-15 startups chosen to participate in Converge-2 will receive a $1 million equity investment from the OpenAI Startup Fund, amounting to at least a $10 million investment in the program.
  • Participants will gain access to tech talks, office hours, social events and conversations with leading practitioners and the OpenAI Startup Fund’s community of builders. They won't be forced to build on top of OpenAI’s APIs.
  • The OpenAI Startup Fund is encouraging founders from all backgrounds, disciplines and experience levels to apply, including those based outside of the U.S. The deadline for applications is January 26.
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