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"The weirdest economy ever," Noma shuts down, Jason demos ChatGPT's iOS app | E1653

This Week in Startups

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Is Open AI Worth 29 Billion Dollars?

CNN's John Sutter says the valuation of open AI makes no sense. Jared Kushner is buying insiders shares in a firm backed by Saudi Arabia, but that doesn't make him "smart money," he says. The company could be worth $1trillion if it can compete with Google or Amazon for talent and knowledge.

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