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University of Michigan endowment to reportedly get $2 billion richer thanks to early AI investment

Summary by Hanford Sentinel
DETROIT — The University of Michigan's endowment appears to be in for a windfall. The university made a $20 million investment in the early days of Open AI that is estimated to be worth $2 billion when the company goes…

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Hanford SentinelHanford Sentinel
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University of Michigan endowment to reportedly get $2 billion richer thanks to early AI investment

DETROIT — The University of Michigan's endowment appears to be in for a windfall. The university made a $20 million investment in the early days of Open AI that is estimated to be worth $2 billion when the company goes…

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Hanford Sentinel broke the news on Saturday, May 9, 2026.
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