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OpenAI will give roughly 10 AI startups $1M each and early access to its systems

TechCrunch

The 10 or so founders chosen for Converge will receive $1 million each and admission to five weeks of office hours, workshops and events with OpenAI staff, as well as early access to OpenAI models and “programming tailored to AI companies.” Called Converge, the cohort will be financed by the OpenAI Startup Fund , OpenAI says.

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Q&A with EO’s 2017 Global Citizen of the Year: Cameron Madill

Entrepreneurs' Organization

Cameron Madill is an EO member in Portland, EO’s 2017 Global Citizen of the Year winner, founder of B Local PDX, and founder and CEO of PixelSpoke , a web design and marketing agency. In April 2017 at EO’s Global Leadership Conference in Frankfurt, Germany, Cameron Madill was named EO’s Global Citizen of the Year.

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A Failing Grade

A VC: Musings of a VC in NYC

Firms invested a total of $434 million in Q3—the lowest figure since the second quarter of 2017, according to PitchBook data. But it is possible that there is and I missed that in my blog yesterday. USV TEAM POSTS: Albert Wenger — Oct 10, 2020 Innovation Upends Extrapolation: Urbanization.

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10 Steps to Increase the Odds of a Successful Angel or Seed Fundraising Round

Entrepreneurs' Organization

However, if you want to increase the chance that you will successfully close a round in late 2017, try the following 10 step approach: Prepare a concise investor deck that tells the story of your business in bite-size chunks. Most investors reject the opportunity to invest and being told “no” hurts.

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EO Australia Members Give a Helping Hand

Entrepreneurs' Organization

Globally, the World Health Organization estimates that over 35 million people require prosthetics or orthotics, but only 10 percent of people can access or afford these life-changing products. Mat, a former senior engineer at Toyota, was made redundant during the closure of the automotive industry in Australia in 2017.

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Half Of All VCs Beat The Stock Market

A VC: Musings of a VC in NYC

There has been this narrative about investing in VC funds that you have to get into the top quartile (25%) or possibly the top decile (10%) in order to generate good returns. I have heard that for as long as I have been in VC and probably have written it here a few times. Well, it turns out that is not right.

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The Only 10 Tech Trends You Need to Know About in 2017

Entrepreneurs' Organization

5G wireless: All eyes are on 5G in 2017. Speeds as high as 1 Gbps (or even up to 10 Gbps) could change how video-conferencing on mobile works. Augmented reality: Along with VR, it’s close cousin is also going to be big in 2017. The post The Only 10 Tech Trends You Need to Know About in 2017 appeared first on THE BLOG.

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