OpenAI valued at $80 billion following deal that allows staff to cash out their shares, report says

• OpenAI has been valued at $80 billion or more following a new deal, The New York Times reported.
• The AI company's valuation has tripled in under 10 months, the report says.
• The deal allows staff to cash out their shares in the company, per the report. 

The artificial intelligence (AI) firm OpenAI has completed a deal that valued the business at $80 billion or more, The New York Times reported on Friday, citing three unnamed people with knowledge of the deal.