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.

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David Manners

David Manners has more than forty-years experience writing about the electronics industry, its major trends and leading players. As well as writing business, components and research news, he is the author of the site's most popular blog, Mannerisms. This features series of posts such as Fables, Markets, Shenanigans, and Memory Lanes, across a wide range of topics.

OpenAI gets $27-29bn valuation

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OpenAI gets $27-29bn valuation

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