The University of Michigan invested $20 million into OpenAI early. Now it could make $2 billion.

Cătălin Roșioru

University of Michigan made a very good, very early bet on OpenAI. Investors running the public school's endowments put $20 million into one of the AI lab's earliest fundraising efforts, according to an exhibit in the ongoing Elon Musk and Sam Altman litigation. The University of Michigan moved in before Microsoft invested billions into OpenAI and before ChatGPT's release kicked off the modern AI boom. The Ann Arbor school stands to make a fortune. While the document is unclear about the exact

din zilele anterioare