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OpenAI has completed a $6.6 billion secondary share sale at a $500 billion valuation, cementing its status as the most valuable private company in the world.
Vice Premier Cheng Li-chiun said the arrangement was "not discussed," as she returned from trade talks in the U.S., according to Taiwan's Central News Agency.
The partnership will "focus on increasing the supply of advanced memory chips essential for next-generation AI and expanding data center capacity in Korea."