OpenAI closes $300M share sale at $27B-$29B valuation - Tech Crunch

Today, Panzer made a quick stop at the Tech Crunch site. There our favorite traveling kitty found a post about OpenAI's fund raising efforts.

 

See you tomorrow.

According to Jagmeet Singh and Ingrid Lunden's post, OpenAI has received financial backing from outside VCs for $300M. This will bring outside share ownership in the company to 30 percent.

 

Panzer says, "My birthday is in a few weeks. Think of all the kitty treats that would buy for a birthday present."

 

Note:This is a very, very long, long post. You'll need to decide what you want to bring to snack on while you read.

 

To read the post tootle over to OpenAI funding