# OpenAI dedicates about $400 million to second startup fund

_Published Thursday, August 27, 2026 at 12:05 AM 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)

---
Canonical: https://techandbusiness.org/newswire/DMhTaZd2aJVj_BkCsbOVkx
Published: 2026-08-27T04:05:38.723Z
Story chronology: 2026-08-27T03:10:01.000Z
Retrieved: 2026-10-11T08:32:39.228Z
Publisher: Tech & Business (techandbusiness.org)