Discover the 12 Companies Receiving Investment and Support from OpenAI's $100 Million AI Lab Fund"

#OpenAI has utilized its $100 million AI Lab fund to invest in at least 12 companies, with plans to support more in the future. The organization runs a 5-week accelerator program, in which it takes a 10% stake in participating companies.

The first cohort of this program has recently concluded, signaling the arrival of even more companies set to benefit from OpenAI's investment and support.

Here's the list of all recent investments:

Design : 1)?Diagram?- Putting AI in Figma.?Automate your Figma tasks in one click and features, design tool powered by AI, Powerful prototyping with code in Figma and bunch of experiments

Legal: 2)?Harvey?- not Spector:-) Copilot or AI assistant for lawyers. : provides lawyers with a natural language interface for their existing legal workflows. Instead of manually editing legal documents or performing legal research, Harvey enables lawyers to describe the task they wish to accomplish in simple instructions and receive the generated result

DEV : 3)?Cursor?- AI-powered code editor, Refactor, understand, and write code effortlessly using Cursor's AI source editor.

DEV 4)?qqbot.dev?- GitHub Copilot, except it can understand your entire code base.? a variant of ChatGPT that lives in your IDE and help you navigate a large codebase and debug.

Chip manufacturing: 5)?Atomic Semi?- Semiconductor manufacturer focused on faster, cheaper production.The startup is using “radically” simplified and miniaturized semiconductor fabs and prototyping integrated circuits to produce “much more affordable” chips in hours, instead of the typical months-long time frame

Finance: 6)?Kick?- AI-driven bookkeeping.?Kick is a daily auto-bookkeeping product made for Creators and Soloprenuers, Kick is completely free for your first $10,000. Kick uses Plaid to securely connect to your bank and credit card accounts. Once connected, we immediately categorize your income and expenses so you don't have to. You can then request a Tax Report to file taxes on your own or with your accountant, and see all your tax savings.

Parenting : 7)?Milo?- An AI assistant that helps parents organize the chaos.??Tell us your kids' schools and we'll connect to their events and reminders. You can also invite your partner, nanny or anyone else who needs to stay in the loop. Milo creates calendar invites and reminders for everyone in the family and sends them to the calendars and SMS you already use.

Database: 8) EdgeDB?- An open-source database technology.??It's like a relational database with an object-oriented data model, or a graph database with strict schema. We call it a?graph-relational database.

Note taking :9) /?Mem Labs?- A popular note-taking app driven by AI.? Imagine Slack with more AI. Mem is the world's first AI-powered workspace that's personalized to you. Amplify your creativity, automate the mundane, and stay organized automatically.

Language: 10) Speak?- An AI-powered language tutor for English.?Speak is the?first & only?app that lets you get real conversational practice without needing a live tutor on the other end. And we build some?serious AI tech?to make that possible.

Transcribe: 11)?Descript?- Audio/video editing platform.?Make video part of your team's communication toolkit with a tool that makes video recording, editing, and collaboration as easy as docs and slides.

Productivity : 12) Anysphere?- Still in stealth mode. Claiming to produce "AI tools for professionals". There is no more information available at this time.

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Rahul Dutt Avasthy