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Cryptopolitan 2023-12-22 16:49:28

Venture Valuation Rollercoaster in 2023: AI Stars Shine, While Giants Face Decline

In the dynamic world of venture-backed startups, 2023 has witnessed a seismic shift in valuations, influencing the entire ecosystem. Amidst the turbulence, Artificial Intelligence (AI) emerges as a pivotal player, propelling certain companies to unprecedented heights. Notably, OpenAI secured the crown for the largest valuation hike, soaring by a staggering 2,800% to $29 billion after

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