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AI startup valuations are doubling and tripling within months as back-to-back funding rounds fuel a stunning growth spurt

Summary by Fortune
From LLM makers OpenAI and Anthropic to specialized firms like Cursor, Harvey, and Abridge, AI startups are chaining deals together in rapid-fire succession and lifting valuations to stratospheric heights. Is this normal?

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Fortune broke the news in New York, United States on Saturday, November 29, 2025.
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