OpenAI Buys Glass Imaging for $300M+ — SkimNews
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- OpenAI acquired Glass Imaging, a startup developing AI-powered smartphone camera technology, in a deal valuing the company at more than $300 million, according to sources.
- Glass Imaging had been valued at approximately $100 million last year, per the report, a roughly threefold increase over twelve months.
- Glass Imaging was founded by former Apple employees, according to the sources cited by the Journal.
- OpenAI completed the acquisition quietly, with no prior public announcement of the deal.
Why it matters: The purchase gives OpenAI a smartphone-camera imaging team built by ex-Apple engineers at a premium valuation that tripled in a year — evidence that AI acquirers are paying up for imaging IP that could extend beyond software into consumer hardware.
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