{"id":163042,"date":"2023-04-29T17:24:24","date_gmt":"2023-04-29T22:24:24","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2023\/04\/openai-closes-300m-share-sale-at-27b-29b-valuation"},"modified":"2023-04-29T17:24:24","modified_gmt":"2023-04-29T22:24:24","slug":"openai-closes-300m-share-sale-at-27b-29b-valuation","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2023\/04\/openai-closes-300m-share-sale-at-27b-29b-valuation","title":{"rendered":"OpenAI closes $300M share sale at $27B-29B valuation"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/openai-closes-300m-share-sale-at-27b-29b-valuation2.jpg\"><\/a><\/p>\n<p>VC firms including Tiger Global, Sequoia Capital, Andreessen Horowitz, Thrive and K2 Global picking up new shares, according to documents seen by TechCrunch. A source tells us Founders Fund is also investing. Altogether the VCs have put in just over $300 million at a valuation of $27 billion \u2014 $29 billion.<\/p>\n<hr>\n<p>Updated to note that the Microsoft investment closed in January. The money from VCs reported here, part of a tender offer, is separate to that.<\/p>\n<p>OpenAI, the startup behind the widely used conversational AI model ChatGPT, has picked up new backers, TechCrunch has learned.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>VC firms including Tiger Global, Sequoia Capital, Andreessen Horowitz, Thrive and K2 Global picking up new shares, according to documents seen by TechCrunch. A source tells us Founders Fund is also investing. Altogether the VCs have put in just over $300 million at a valuation of $27 billion \u2014 $29 billion. Updated to note that [\u2026]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-163042","post","type-post","status-publish","format-standard","hentry","category-robotics-ai"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/163042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=163042"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/163042\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=163042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=163042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=163042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}