OpenAI has completed a deal that values the San Francisco artificial intelligence company at $80 billion or more, nearly tripling its valuation in less than 10 months. The deal is another example of the Silicon Valley deal-making machine pumping money into a handful of companies that specialize in generative A.I. — technology that can generate text, sounds and images on its own.
Source: OpenAI Completes Deal That Values the Company at $80 Billion