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Docs and sources: OpenAI closed a $300M+ share sale at a $27B-$29B valuation; backers include Tiger Global, Sequoia, a16z, Thrive, K2 Global, and Founders Fund (TechCrunch) 29-04-2023

TechCrunch: Docs and sources: OpenAI closed a $300M+ share sale at a $27B-$29B valuation; backers include Tiger Global, Sequoia, a16z, Thrive, K2 Global, and Founders Fund  —  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. Lees verder op Tech Meme

Source: IRL CEO Abraham Shafi has stepped down, following allegations the messaging startup used bots to inflate the users it reported publicly and to investors (Mark Matousek/The Information) 29-04-2023

Mark Matousek / The Information: Source: IRL CEO Abraham Shafi has stepped down, following allegations the messaging startup used bots to inflate the users it reported publicly and to investors  —  Abraham Shafi has stepped down as CEO of messaging app IRL following allegations that the company used bots to inflate the users … Lees verder op Tech Meme

Docs and sources: OpenAI closed a $10.3B+ funding round from Microsoft, Tiger Global, Sequoia, a16z, Thrive, Founders Fund, and others at a $27B-$29B valuation (TechCrunch) 29-04-2023

TechCrunch: Docs and sources: OpenAI closed a $10.3B+ funding round from Microsoft, Tiger Global, Sequoia, a16z, Thrive, Founders Fund, and others at a $27B-$29B valuation  —  OpenAI, the startup behind the widely used conversational AI model ChatGPT, has closed its new funding round of over $10.3 billion, TechCrunch has learned. Lees verder op Tech Meme