OpenAI has been valued at $80 billion or more following a new deal, The New York Times reported.
The deal allows staff to cash out their shares in the company, per the report.
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .
AdvertisementThe artificial intelligence (AI) firm OpenAI has completed a deal that valued the business at $80 billion or more, The New York Times reported on Friday, citing three unnamed people with knowledge of the deal.
The deal allows OpenAI employees to cash out their shares in the company, the report added.
Persons:
OpenAI, —, Andreessen Horowitz, Sam Altman, Sora
Organizations:
New York Times, Service, Sequoia Capital, K2 Global, Microsoft
Locations:
San Francisco, Tokyo