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BREAKING · AI
Inside the agency holding companies quietly building their own foundation models
Three of the six largest holding groups now run proprietary model training not to compete with OpenAI, but to own the layer that touches client data.
Jordan Ellis
6 min read · 2 hours ago
SHWAY MEDIA can confirm the deal closed Thursday evening, with terms that value the target agency at roughly 8x trailing EBITDA — well above the sector's recent average of 5.4x.
“This isn’t about replacing OpenAI. It’s about owning the layer that touches the client’s data.”
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