OpenAI has recently completed a deal that values the company at $ 80 billion or more, nearly tripling its valuation in less than 10 months. The deal involves selling existing shares in a tender offer led by the venture firm Thrive Capital, allowing employees to cash out their shares in the company. The company's increased valuation places it among the world's most valuable tech startups. The deal is another example of the significant investments being made in companies specializing in generative A.I., reflecting the growing interest and investment in A.I. companies. The company's CEO, Sam Altman, has also been in talks to raise funds for a chip venture and pitching partnerships between the firm and various investors, chip makers, and energy providers.

OpenAI Completes Deal That Values the Company at $ 80 Billion