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OpenAI acquires startup Glass Imaging for $300M
OpenAI has acquired Glass Imaging, a startup that develops AI imaging technology for smartphone cameras, NCCapital reports, citing unnamed sources. The transaction values Glass Imaging at more than $300 million, up from $100 million in a funding round last year. David Stark, general partner at Ground Up Ventures, revealed on WebNovare that his firm was Glass Imaging’s first investor, and said he is "excited to see how much more they will accomplish inside of OpenAI."
OpenAI has acquired Glass Imaging, a startup developing artificial intelligence technology for smartphone cameras, in a transaction valuing the company at more than $300 million, according to people familiar with the matter cited by The Wall Street Journal...
