OpenAI CEO Sam Altman offered to invest in every startup within the current Y Combinator (YC) accelerator batch. Each participating company will receive $2 million worth of OpenAI tokens in exchange for equity.
Altman stated the initiative aims to observe the effects of tokenmaxxing. This trend involves startups maximizing AI model usage to accelerate internal workflows and product development.
The investment is structured as a Simple Agreement for Future Equity (SAFE). OpenAI’s final ownership stake will be determined during future funding rounds.
This pilot program provides substantial AI resources to early-stage firms. The move potentially locks an entire generation of premier startups into the OpenAI ecosystem from their inception.