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OpenAI launches ‘Grove’ 🌱

a mentorship program for baby-stage tech founders.

Welcome to SaaS Wire — your backstage pass to the hottest in software and services!

What we’ll cover today:

🌱 OpenAI’s new mentorship program for baby-stage founders

🚀 Gemini’s Nasdaq debut and Winklevoss’ $1M bitcoin dream

💸 Why SaaS leaders think early-stage founders need more than just hype

OpenAI, the $500B AI giant, is launching “Grove,” a mentorship program for baby-stage tech founders dreaming of AI startups.

🚨 Breaking News: Grove’s first batch starts Oct 20 with 15 founders, offering mentoring, tools, and in-person workshops at OpenAI HQ.

Wire Simplified –

  • Grove targets super-early founders (pre-idea to pre-seed).

  • Five-week program at OpenAI’s San Francisco office.

  • Mentoring from OpenAI leaders + early access to tools.

  • Deadline to apply: Sept 24, 2025.

  • Part of the AI startup funding boom ($104B raised in H1 2025).

✔️ Straight to the Point –
OpenAI is planting seeds for future AI unicorns, but only 15 lucky founders get the golden ticket this time.

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Gemini, the crypto exchange by Winklevoss twins, made a splash on Nasdaq with shares popping 32% above IPO price.

🚨 Breaking News: Gemini raised $425M in its IPO, valuing the firm at $3.3B, despite posting big losses last year.

Wire Simplified –

  • IPO priced at $28, opened at $37, peaked at $45.

  • Closed 14% higher, giving a strong first day.

  • Founded in 2014, now holds $21B in assets.

  • Reported $283M losses in H1 2025.

  • Winklevoss twins predict bitcoin will hit $1M in 10 years.

✔️ Straight to the Point –
Gemini’s IPO shows crypto is still hot on Wall Street, even if the company bleeds cash, hype keeps it afloat.

Web Summit 2025
One of the biggest global technology conferences, Web Summit covers AI, SaaS, startups, marketing, and emerging tech, with 70k+ attendees from across the world.
Date: November 10–13, 2025 | Location: Lisbon, Portugal

IEEE IEDM 2025 (International Electron Devices Meeting)
The world’s leading conference on semiconductors, nanoelectronics, and advanced devices. It highlights breakthroughs in chip design, CMOS, and quantum hardware.
Date: December 2025 | Location: San Francisco, USA

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