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The tech industry was deflating. Then came ChatGPT.SAN FRANCISCO - A year ago, the mood in Silicon Valley was dour. Big Tech stocks were falling, the cryptocurrency bubble had popped, and a wave of layoffs was beginning to sweep through the industry. Then the artificial intelligence boom hit.Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post. Since then, venture capitalists have been throwing money at AI start-ups, investing over $11 billion in May alone, according to data firm PitchBook
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