Sam Altman joins backers in funding Alfred, a California-based startup automating engineering tasks for robotics and automotive firms.
OpenAI CEO Sam Altman has invested in Alfred, a startup developing AI software to accelerate research and development for robotics and automotive companies. The funding round, led by Altman’s Hydrazine Capital, values the nine-month-old firm at $40 million.
Alfred’s platform aims to automate routine engineering tasks, allowing teams to focus on higher-value innovation. The founding team includes former Tesla, Meta, and Ford engineers, and the startup is already in talks with potential customers in automotive, defense, and robotics sectors.
Additional backers include Khosla Ventures, SV Angel, and Chapter One. The startup’s software remains under development but targets features seen in advanced Chinese electric vehicles.