Backs AI Startup Fielding Compliance
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OpenAI Backs AI Startup Fielding Compliance, Underwriting Tasks
OpenAI Backs AI Startup Fielding Compliance, Underwriting Tasks Poetic, an artificial intelligence startup, is emerging from stealth with $50 million in funding from OpenAI and other investors to help businesses streamline complex tasks, ranging from insurance underwriting to financial compliance. OpenAI, Kleiner Perkins and Peter Thiel’s Founders Fund have also backed the startup, Poetic is set to announce on Wednesday. The company is now valued at $500 million.