As companies seek to close growing gaps in skills and talent,

Deloitte US CEO Jason Garzatus believes it's important for organizations to understand their baseline of skills.

There's so many organizations that can't ask and answer the fundamental questions about how much computer science or data management skills do I have or AI development skills in a given domain? By performing a skills

inventory, leaders can truly understand where their efforts should be focused. Being blind to

those gaps is the real miss. Visit Deloitte.com to learn how your enterprise can help successfully

cultivate talent. Here's your morning, TNB Tech Minute for Friday, December 19th. I'm Julie Chang for the Wall Street Journal.

OpenAI is seeking to raise up to $100 billion in a new fundraising round, potentially valuing the

company at as much as $830 billion. That's according to people familiar with the matter. This massive injection of

capital is needed for the company to finance its ambitious growth plans, build its AI models,

and stay competitive in a rapidly changing market. Open AI aims to complete the round by the end of

the first quarter at the earliest. It's unclear whether there will be sufficient investor demand to reach the goal.

News Corp, owner of the journal, has a content licensing partnership with OpenAI.

TikTok parent bite dance has formalized agreements with investors to form a new U.S. joint venture.

That's according to a company memo viewed by the journal.

The company has been working to complete a deal to prevent the app from being banned in the U.S.

over national security concerns.

TikTok CEO set the joint venture will be 50% held by a consortium of new investors, including Oracle,

private equity firm, Silver Lake, and investment fund, MGX.

The other half will be held by affiliates of certain investors

of Chinese-owned ByteDance and by ByteDance. Per the memo, the deal marks the official

next step in the process with a closing date targeted for January 22nd, 26. And Meta Platforms is

developing a new image and video-focused AI model codenamed Mango.

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