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ITNewspapersThe Economic Times

OpenAI cofounder Ilya Sutskever’s startup is fundraising at $30 billion-plus valuation

Mathew C S
By Mathew C SFebruary 19, 2025

OpenAI cofounder Ilya Sutskever is raising more than $1 billion for his startup at a valuation of over $30 billion, according to a person familiar with the matter — vaulting the nascent venture into the ranks of the world’s most valuable private technology companies.

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