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Tags: uncapped SAFE

Sam Altman offers $2 million in OpenAI tokens to every YC startup

Sam Altman offers $2 million in OpenAI tokens to every YC startup
At a Y Combinator event on Tuesday night, OpenAI CEO Sam Altman announced a novel financing deal: each of the 169 companies in the current batch will receive $2 million worth of OpenAI tokens in exchange for equity via an uncapped SAFE. The move, designed to lower AI infrastructure costs and tether startups to OpenAI’s platform, has sparked both enthusiasm and caution among founders and investors. Lire la suite