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Israeli Tech Founder Sells Camera Startup Glass to OpenAI for $300 Million
Israeli entrepreneur Ziv Aitar sold his AI photography startup, Glass, to OpenAI for an estimated $300 million. Aitar, who previously sold a company to Apple, will now lead camera development at OpenAI, leveraging Glass's advanced AI imaging technology.
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What happened
- 01Israeli Ziv Aitar sold his AI camera startup Glass to OpenAI for $300 million.
- 02Aitar will lead OpenAI's new camera development division.
- 03Glass uses AI to significantly improve smartphone photo quality.
- 04The deal was reportedly settled in OpenAI stock.
- 05Aitar previously sold a startup to Apple.
The coverage
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