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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Artificial Intelligence»Apply Now for Converge 2: OpenAI’s Startup Fund Offering $1 Million each to 15 Companies
    OpenAI
    OpenAI CEO, Sam Altman

    Apply Now for Converge 2: OpenAI’s Startup Fund Offering $1 Million each to 15 Companies

    0
    By Staff Writer on December 14, 2023 Artificial Intelligence

    OpenAI, the company behind ChatGPT, has announced the opening of applications for Converge 2 – the second cohort of its six-week program for exceptional engineers, designers, researchers, and product builders using Artificial Intelligence (AI) to reimagine products and industries.

    Launched in December 2022, Converge was created by OpenAI to accelerate startups working on the forefront of the AI evolution.

    According to OpenAI in a blog post, the “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.”

    “Together through tech talks, office hours, social events, and conversations with leading practitioners, we’ll explore the most important opportunities and challenges of building at the cutting edge of AI. In addition, participants will receive a $1 million investment from the OpenAI Startup Fund and join our community of builders.”

    “Founders from all backgrounds, disciplines, and experience levels are encouraged to apply. Prior experience working with AI systems is not required. We’re excited to hear from founders from underrepresented backgrounds and those based outside the United States.”

    Key facts about the application

    When is the application deadline?
    Friday, January 26, 2024 at 11:59 PM Pacific.

    How many companies are in the cohort?
    10–15 companies.

    Does my product need to be built on top of OpenAI’s APIs?
    No. The program is for anyone building or aspiring to build with AI.

    What are the program dates?
    The program runs for six weeks, from Monday, March 11, 2024 to Friday, April 19, 2024.

    What is the time commitment?
    Approximately 4–6 hours per week.

    Is the program in person?
    The first and last week of the program take place in San Francisco. We will cover travel costs for these weeks. Other weeks can be completed remotely, though we strongly recommend attending in person.

    To apply, please fill the form before Friday, January 26, 2024 at 11:59pm Pacific time (08:59 Friday, West Africa Time)

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    AI artificial intelligence ChatGPT Converge 2 OpenAI Startups
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