OpenAI closes $300 million funding round at $27 billion-$29 billion valuation – TechCrunch

FILE PHOTO: Illustration shows OpenAI logo

(Corrects headline and story to show a $300 million share sale, not $10 bln or $10.3 billion)

(Reuters) – OpenAI, the company behind the ChatGPT chatbot, has closed a more than $300 million share sale at a valuation between $27 billion and $29 billion, TechCrunch reported on Friday.

(This story has been corrected to say a $300 million share sale, not $10 billion or $10.3 billion, in the headline and paragraph 1)

(Reporting by Juby Babu in Bengaluru; Editing by Sandra Maler and William Mallard)

Reuters

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