Sam Altman no longer owns OpenAI Startup Fund

Catch up quick: OpenAI Startup Fund looks in many ways like a normal corporate venture capital fund, except for its unusual governance.

• By last May it reported $175 million in total commitments, including from OpenAI partner Microsoft, but now lists the fund's gross asset value at over $325 million.

What they're saying: OpenAI tells Axios that Hathaway has overseen the fund's accelerator program and led investments in such companies as Harvey, Cursor, Speak, and Ambience Healthcare.

• It adds: "As previously communicated, the fund's initial GP structure was a temporary arrangement, and involved no personal investment or financial interest from Sam. This change provides further clarity."