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

OpenAI, creator of ChatGPT, closes $300 million share sale, valued at $27 billion and $29 billion

OpenAI logo is seen in this illustration taken, February 3, 2023. PHOTO: REUTERS/FILE

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.

 

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