2024-09-05 16:04:43.AIbase.11.6k
100 Million Dollars Invested in AI Startups! Mayfield Launches the AI Garage Project
Mayfield Fund has announced the launch of the AI Garage project, providing up to $100 million in support for AI partner startups, aimed at helping early-stage entrepreneurs turn their ideas into fundable companies. This program is distinct from other accelerators, recruiting a maximum of five entrepreneurs every six months and offering guidance and support within the company's office. Participants can receive funding ranging from $1 million to $5 million after their business plans are formulated. AI partners are defined as digital companions capable of collaborating with humans to enhance work efficiency across various industries, including product and engineering.
