Home » Markets » AI

By David Manners Posted on 1st May 2023 | Modified on 21st September 2023

OpenAI gets $27-29bn valuation

OpenAI, the firm behind ChatGPT, is reported to have raised $300 million at a valuation of $27-29 billion.

VCs said to gave invested include: Tiger Global, Sequoia, Andreessen Horowitz, Thrive, Peter Thiel’s Founders Fund and K2 Global which has only ine partner – Ozi Amanat.

MS already has a €10 billion investment in the company. It is reported that outside investors now hold 30% of the company.



Leave a Reply

Your email address will not be published. Required fields are marked *

*

Copyright ©2024 Electronics Weekly |News|Products|Blogs|Jobs - Owned by Emap, Southern House, CR0 1XG (020 39532600) Terms and Conditions Privacy policy