# OpenAI dedicates about $400 million to second startup fund

_Wednesday, August 26, 2026 at 11:10 PM EDT · AI, Capital · Latest · Tier 2 — Notable_

An SEC filing says OpenAI is dedicating about $400 million to a second startup fund for early-stage AI companies. The fund follows OpenAI's first startup fund, which raised $175 million in 2021 from outside investors including Microsoft. The source describes the new vehicle as a launch by the ChatGPT maker, without detailing its investment terms or portfolio.

## Sources

- [Techmeme](https://www.techmeme.com/260826/p70#a260826p70)

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Retrieved: 2026-08-27T05:30:34.778Z
Publisher: Tech & Business (techandbusiness.org)