The San Francisco-based OpenAI, the company behind AI tools like ChatGPT and DALL-E, launched a $100M program last year to fund early-stage AI startups. The OpenAI Startup Fund aims to support AI initiatives with capital and access to OpenAI tech and resources. What is OpenAI Startup Fund? Fourteen investors are backing the OpenAI Startup Fund, including Microsoft…
Most startup founders reach the point when they need additional financial sources, and bootstrapping is not enough. Whether it is developing an MVP, attracting new customers, or simply boosting growth, raising money can arise for various reasons. This is when angel investors and venture capital firms (VC firms) can enter the scene to provide the…
We are living in a fantastic time. People have a chance to see many innovations in such a short period. In the world of startups, artificial intelligence (AI) has become a catalyst for transformation. Numerous AI startups are established worldwide every day, but only a few can reach significant traction early. Caktus AI is one…
Artificial intelligence (AI) has emerged as a transformative force in today’s rapidly evolving technological landscape. While some view AI as the ultimate game-changer, others remain skeptical and consider it as just another passing hype. One thing is sure: AI startups are attracting significant funding and capturing global attention. But is AI truly a transformative force…
Every startup begins with an idea. But sooner or later, having a great idea is not enough, and founders need additional financial sources. This is when pre-seed funding comes into play. Acquiring pre-seed funding is a critical step to success. It provides the necessary capital to founders to take their businesses to the next level….
In the evolving startup landscape, the founders and co-founders are witnessing changing investor demands and a challenging fundraising environment. Additionally, the tech industry has faced mass layoffs in the past few months. Crunchbase data shows that seed and angel investment to U.S. startups fell 45% year over year in the first quarter of 2023 to…
The startup ecosystem is constantly changing, and 2023 definitely holds some big challenges and possibilities for the future. We will jump into the top trends shaping the businesses, especially startups’ future in 2023. Startup landscape around the word Not too long ago, before the introduction of startups, business used to be a lot simpler than…