University of Michigan Turns $20 Million OpenAI Investment Into $2 Billion Windfall

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University of Michigan Turns $20 Million OpenAI Investment Into $2 Billion Windfall

University of Michigan has turned its $20 million OpenAI investment into an expected $2 billion windfall with the company's planned IPO later this year, per new filings. This success comes as the school's endowment continues to aggressively pour money into artificial intelligence, with multiple commitments to funds led by Sam Altman.

By Sauvik Banerjee

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