The OpenAI Startup Fund was founded on two core beliefs. First, new and powerful AI systems will give rise to a new wave of transformative startups. And next, these new companies will play a central role in making AI a force multiplier for human ingenuity and creativity.
We launched Converge in December 2022 to accelerate startups working on the forefront of this evolution, doing our part to help push the boundaries of applied AI in important domains.
Since then, artificial intelligence has captured the world’s imagination. Builders everywhere are applying AI to reshape humanity’s most important industries. Model capabilities are expanding dramatically, while the cost of building new AI products continues to drop.