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

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1 minute readApril 29, 20231:52 AM UTCLast Updated ago

Illustration shows OpenAI logo

OpenAI logo is seen in this illustration taken, February 3, 2023. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo

April 28 (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

Our Standards: The Thomson Reuters Trust Principles.

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