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AI Grant (aigrant.com) is an accelerator program for AI startups that offers funding and support to promising artificial intelligence projects.

Key Details about AI Grant

• They offer two funding options for startups:
• $250,000 investment via an uncapped SAFE (Simple Agreement for Future Equity)

• $2.5 million investment via a SAFE with a $25 million cap

• Selected startups receive additional benefits including:

• $350,000 in Azure cloud credits
• Credits from companies like OpenAI, Anthropic, Hugging Face, and others
• Invitation to an AI Grant Summit in San Francisco

• Opportunity to present at an AI Grant Demo Day in front of investors

• The program is open to anyone working on AI projects - no specific credentials are required to apply

• They are looking for "technical & pragmatic founders who want to build great products" that leverage AI models in useful or engaging ways

• AI Grant was founded by Nat Friedman and Daniel Gross, who invested $10 million to start the program

• It is run by Hersh Desai and Asara Near

• In addition to the accelerator, AI Grant also provides smaller grants ($5,000 - $50,000) for open source AI projects through aigrant.org

The program aims to support and accelerate promising AI startups and projects by providing funding, resources, and networking opportunities. They take a broad view of what qualifies as an AI company, focusing on founders who can leverage AI to build impactful products.