Shopify and Index Ventures backed a startup that was hired by OpenAI, highlighting the venture capital activity within the AI industry.
2 reports, 1 independent
Updated Jul 18
Gone quiet
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- Developments
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New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Shopify and Index Ventures backed a startup that was hired by OpenAI, highlighting the venture capital activity within the AI industry.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- OpenAI acquired TBPN for $150 million in cash and stock, following successful podcasting ventures valued at $425 million.Sub-event
- Thrive Capital and D1 Capital Partners are pooling capital to acquire and transform services firms using AI, involving OpenAI.Sub-event
- OpenAI and Shopify announced a partnership aimed at influencing the addition of checkout features.Sub-event
Shopify and Index Ventures invest in startups hired by OpenAI.1 source
Keep exploring
The entities involved
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OpenAI
American artificial intelligence research organization
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Index Ventures
Swiss venture capital firm
Nothing else this week.
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Shopify
Canadian e-commerce company
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Coverage
Newest first; wire copies grouped- BenzingaOpenAI Hires Entire Team From AI Startup Backed By Shopify And Radical Ventures 'To Ensure AGI Benefits All Of Humanity' After raising more than $13.5 million and spending eight years building person
- Unknown outlet