2min chapter

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Coinbase cuts 20%, Microsoft to invest $10B into OpenAI & Ascend Elements CEO Mike O’Kronley | E1654

This Week in Startups

CHAPTER

How New Are You at This?

The technology itself was a spin-out of Worcester Polytechnic Institute. And so our intellectual property and the process is date back 10 years now. The company itself was incorporated and started back in 2016 but it was operating more in stealth mode for about four years. We essentially came out of stealth mode the beginning of 2020 and really started going out raising more funding because the technology was at a mature enough point where we could raise the funds.

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