AI & Machine Learning

The University of Michigan may have landed the steal of the AI era

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The University of Michigan invested $20 million in OpenAI early on, potentially positioning itself to earn billions as the AI lab's value has skyrocketed. This strategic investment, made before major tech players like Microsoft committed significant funds, highlights the university’s foresight and could set a precedent for educational institutions investing directly in promising startups rather than through traditional venture capitalists.

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The University of Michigan may have landed the steal of the AI era

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