Tags: University of Michigan

Sam Altman Receives $75 Million From the University of Michigan for New Venture Capital Fund: Report

Sam Altman Receives $75 Million From the University of Michigan for New Venture Capital Fund: Report

OpenAI CEO Sam Altman has reportedly secured a $75 million investment for his venture capital firm, Hydrazine Capital, from the University of Michigan.


UM Research Funding Reaches $1.4B

University of Michigan’s research funding has reached $1.39 billion, a 7.2 percent higher than its rate from the previous year, UM’s officials confirmed on Thursday.

Research Showed Fewer Young People in U.S. Having Driver's License

A recent report showed the declining trend of people to have driver's license in United States. Research was conducted by University of Michigan Transportation Research Institute.

Indiana University and Adidas Signs a $53.6M Deal

Adidas extended its contract with Indiana University for the next eight years, giving IU $6.7 million annually, which is twice the amount compared to their previous deal. The deal worth $53.6 million in total is good until 2024. The ten-year previous contract between IU and Adidas will end after this academic year.


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Consumer economic sentiment in the U.S. climbed to its highest number six years despite cross-currents among higher-income and lower-income households.
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