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www.nytimes.com7 months agoTech industryOpenAI Completes Deal That Values the Company at $80 BillionOpenAI has completed a deal that values the company at $80 billion or more, nearly tripling its valuation in less than 10 months. The deal allows employees to cash out their shares in the company instead of raising money for business operations. OpenAI is one of the world's most valuable tech start-ups specializing in generative AI technology. [ more ]
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