OpenAI’s Converge 2: Apply Now for $1 Million Funding Boost and Coaching

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ChatGPT-maker OpenAI is opening the door to prospective startup founders — even those without any prior AI experience or who don’t even use OpenAI products and services — to apply to receive a $1 million funding boost and exclusive informational and educational resources from its Startup Fund, in exchange for participating in a maximum six-hour-per-week, six-week-long program.
Last night, OpenAI co-founder and CEO Sam Altman and CTO/former interim CEO Mira Murati posted a link on the social platform X to an OpenAI blog post announcing the launch of Converge 2.
The program, the second iteration of its kind from the OpenAI Startup Fund following an inaugural session of Converge that launched a year ago in December 2022, invites prospective AI founder applicants from around the world to apply with only a minimal amount of information about themselves and their idea on OpenAI’s website to receive funding, as well as coaching and expertise to guide the formation and growth of their companies.
After the application window closes, OpenAI’s Startup Fund will ultimately choose between 10 and 15 different companies to fund, each to the tune of $1 million. While that is not that significant in a time when most startups announce seed rounds in the multi-millions, it is of course hugely helpful to those in the pre-seed and earliest phase of their ideation and company building journeys.
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How to apply
Even if you haven’t written a line of code or raised a single dollar and your idea is still largely in your head, OpenAI wants to hear from you, according to its bare bones online application form.
Applicants just need to provide their name, a one-line description of their company, links to social profiles of founder applicants, and a link to a 30-second long video pitching the idea.
Importantly, OpenAI also is not mandating that applicants use, nor commit to using, OpenAI’s application programming interfaces (APIs) for its hit products GPT-3.5/4, ChatGPT Plus/Enterprise, Codex, DALL-E,
In fact, on the Converge 2 announcement webpage, OpenAI specifically addresses this question as part of an FAQ (frequently asked questions), asking Does my current or future product need to be built on top of OpenAI’s APIs? and answering, No. The program is for anyone building (or aspiring to build) on cutting edge AI models.
The application window is open now through January 26, 2024. Simply fill out the form online here.
What Converge 2 offers prospective startup founders
The program itself will run from March 11 to April 19, 2024. While the commitment is set at 4-6 hours per week, it can be done remotely, with only the first and last weeks of the program structured as in-person events in San Francisco, with travel costs covered by OpenAI.
The intermediate weeks offer flexibility for remote participation, although in-person attendance is highly recommended.
The six-week program is structured to offer a learning and development experience. Participants will engage in tech talks, office hours, and social events. They’ll also have the opportunity to interact with leading AI practitioners and startup founders, gaining insights into the most pressing opportunities and challenges of AI development.
Significantly, prior experience with AI systems is not a prerequisite, opening the program to a broader range of innovators.
This approach aligns with OpenAI’s vision of promoting diversity in the AI field, especially encouraging founders from underrepresented backgrounds and those based outside the United States.
Reflecting a commitment to diversity and inclusivity, Converge 2 encourages applications from founders of all backgrounds.

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Frequently Asked Questions (FAQs) Related to the Above News

What is Converge 2?

Converge 2 is a program offered by OpenAI's Startup Fund that provides a $1 million funding boost, as well as coaching and expertise, to prospective startup founders.

Who can apply for Converge 2?

Converge 2 is open to startup founders from around the world, even those without prior AI experience or who do not use OpenAI products or services.

How do I apply for Converge 2?

To apply, visit OpenAI's website and fill out the online application form. You will need to provide your name, a one-line description of your company, links to social profiles of founder applicants, and a 30-second video pitching your idea.

Do I need to use OpenAI's APIs for my product?

No, using OpenAI's APIs is not mandatory for Converge 2. The program is open to anyone building on cutting-edge AI models, regardless of whether they use OpenAI's APIs or plan to use them in the future.

When is the application window for Converge 2?

The application window is open from now until January 26, 2024.

When will Converge 2 take place?

Converge 2 will run from March 11 to April 19, 2024. It is a six-week program with a commitment of 4-6 hours per week.

Where will the program take place?

The program will be largely remote, but the first and last weeks will be structured as in-person events in San Francisco. OpenAI will cover travel costs for those weeks.

Is prior AI experience required to participate in Converge 2?

No, prior experience with AI systems is not a prerequisite. Converge 2 is open to a broader range of innovators, regardless of their AI background.

Does Converge 2 encourage diversity in applicants?

Yes, Converge 2 is committed to promoting diversity and inclusivity in the AI field. It encourages applications from founders of all backgrounds and especially encourages founders from underrepresented backgrounds and those based outside the United States.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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