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OpenAI and Italy’s state lender CDP have announced a collaboration to promote the adoption of artificial intelligence (AI) among Italian startups and innovative companies. According to a joint statement, OpenAI, known for its ChatGPT technology, will invest in AI-focused startups through CDP’s venture capital arm, providing access to advanced technologies and funding opportunities from U.S. venture capitalists.
CDP Venture Capital has committed to investing 1 billion euros over the next five years in AI and cybersecurity initiatives. The partnership between OpenAI and CDP follows a recent meeting between Italian Prime Minister Giorgia Meloni and OpenAI CEO Sam Altman during the UN General Assembly in New York.
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Emma Collins, graduated in Financial Economics from the University of Chicago in the USA in 2016. She has since worked at an asset management firm in New York, where she specializes in investment strategies and portfolio management. Emma has a keen interest in financial analysis and has published several articles in renowned financial journals. Her work focuses on providing actionable insights to investors, and she is known for her forward-thinking approach to managing financial portfolios.
