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Artificial IntelligenceBig Tech Venture Capital

OpenAI is launching a $100 million fund to invest in AI startups

The capped-profit AI research and deployment company, OpenAI, is launching a $100 million fund to invest in early-stage startups that use artificial intelligence to advance various industries. The fund, which includes Microsoft as one of its investors, will be directly managed by OpenAI. Founder Sam Altman has announced that the...

SustainabilityVenture Capital Climate Change

Robert Downey Jr. is launching a new venture fund to back sustainability startups

Robert Downey Jr. has announced that he is launching a new venture fund to back sustainability startups. The venture fund called FootPrint Coalition Ventures will be managed through AngelList and will be a 'rolling' fund, meaning new capital will be raised on a quarterly basis from potential retail investors and...