University of Michigan Turned A $20 Million Investment Into A Possible $2 Billion — Here’s How
The University of Michigan has been involved in multiple news stories in recent months, some more positive than others.
At the start of April, the Wolverines men’s basketball team won the NCAA national championship after defeating UConn in the final game. The celebrations got out of control, and police made arrests in Ann Arbor.
About a week later, their president-elect announced he wouldn’t take on the role. He was diagnosed with a form of brain cancer. All of this happened while the Sherrone Moore situation was still in the news.
University of Michigan Makes Incredible Investment
While the school experienced some negative moments, it is ready to celebrate big after an investment turned out to be a great success. NFL aggregator Dov Kleiman shared that the university invested $20 million into OpenAI.
The investment is expected to be worth over $2 billion when they start selling shares of stock to the public in a couple of months.
It seems that artificial intelligence is here to stay, and some have taken advantage of the opportunities it could offer. The University of Michigan saw an opportunity and didn’t hesitate to take it.
University of Michigan Turned A $20 Million Investment Into A Possible $2 Billion — Here’s How
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