Microsoft-Backed OpenAI Hits $80 Billion Valuation in Major Deal
New York (Khabarr) – On Friday Microsoft-backed OpenAI has concluded a transformative deal that values the artificial intelligence company at a staggering $80 billion or more. Sources familiar with the deal revealed that the company facilitated the sale of existing shares through a “tender offer” led by venture firm Thrive Capital. Under the terms of … Read more