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Stripe's valuation climbs to $91.5 billion in secondary stock offer

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Summary
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78% Informative

Stripe announced a tender offer for employees and shareholders on Thursday that values the payments startup at $91.5 billion .

The company is nearing its peak valuation of $95 billion from 2021 .

Stripe President John Collison said the artificial intelligence boom has been key to the company's recent growth.

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82

Informative language

84

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34

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semi-formal

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English

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46

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short-lived

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