Generative AI is transforming Silicon Valley
Briefly

Photo: Eiko Ojala In Silicon Valley, the emergence of a hectocorn—a startup valued over $100 billion like Open AI—marks a significant shift in the tech landscape. Sam Altman's ambitions may bring Open AI to a $150 billion valuation.
With Open AI seeking $6.5 billion from investors for expansion, it symbolizes a new era of startups valued beyond traditional unicorn and decacorn statuses, emphasizing the changing dynamics of innovative funding in tech.
Read at The Economist
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