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

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OpenAI logo is seen in this illustration taken, February 3, 2023. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo Purchase Licensing Rights, opens new tab
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, opens new tab 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)

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Reporting by Juby Babu in Bengaluru; Editing by Sandra Maler

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