The discovery of superconductivity in a $d^{9-{delta}}$ nickelate has inspired disparate theoretical perspectives regarding the essential physics of this class of materials. A key issue is the magnitude of the magnetic superexchange, which relates to whether cuprate-like high-temperature nickelate superconductivity could be realized. We address this question using Ni L-edge and O K-edge spectroscopy of the reduced trilayer nickelate $d^{9-1/3}$ La4Ni3O8 and associated theoretical modeling. A magnon energy scale of ~80 meV resulting from a nearest-neighbor magnetic exchange of $J = 69(4)4$ meV is observed, proving that $d^{9-{delta}}$ nickelates can host a large superexchange. This value, along with that of the Ni-O hybridization estimated from our O K-edge data, implies that trilayer nickelates represent an intermediate case between the infinite-layer nickelates and the cuprates, and suggests that they represent a promising route towards higher-temperature nickelate superconductivity.
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