Microsoft Reportedly Closing In On $10 Billion Investment Into ChatGPT Creator OpenAI

  • 📰 Forbes
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Microsoft and OpenAI, the company behind the viral artificial intelligence chatbot ChatGPT are in discussions for a deal that would value the latter at $29 billion, according to several reports.

The deal, which would eventually net Microsoft a 49% stake in the upstart firm, also includes a clause that Microsoft would receive three-quarters of OpenAI’s profits until it recovers its investment,Bloomberg

Semafor’s reporting late Monday, though in less certain terms, with sources telling Bloomberg that Microsoft has talked about investing as much as $10 billion into OpenAI at a roughly $29 billion valuation.OpenAI launched ChatGPT to the public free of charge on November 30, with the program quickly surging in popularity as many users marveled at how well the bot modeled human speech.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

OpenAI are terrific first movers but the model is open and the cost of training will trend toward zero.

Is that why ChatGPT gives so many canned answers when you ask a controversial question. The answer never changes, even if you change the question Its been out for a short time and it's already unreliable, avoiding answers that are true but unpopular.

RUSSIA IS A TERRORIST STATE 🚽

$MFST missed the search train with Bing, they don't want to miss this one. ChatGPT is a real problem for Google and could become a disaster with Microsoft as a partner.

Microsoft has always been smart. Now they're about to become even more smarter. When the day comes that they incorporate ChatGPT into bing, we'll be Binging everything! 🙏

I wish this doesn't mean more targeted ads

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft mulling $10 billion investment into ChatGPT creator OpenAI: reportMicrosoft is reportedly considering a $10 billion investment in OpenAI, the creator behind the viral ChatGPT chatbot, Bloomberg reported on Tuesday. i think that would be a bad move the applications of this tech won’t recoup that investment for 30 years if that Carolinelea16 Isn't he one of the Epstein pals? Time to Fhim!
Source: MarketWatch - 🏆 3. / 97 Read more »

Microsoft Reportedly Closing In On $10 Billion Investment Into ChatGPT Creator OpenAIMicrosoft and OpenAI, the company behind the viral artificial intelligence chatbot ChatGPT are in discussions for a deal that would value the latter at $29 billion, according to several reports. ChadMhako RyanKatayi MunyaChiura NeedEnergyzw Zvatotanga so 🔥🔥🔥🔥 People I strongly recommend you closely watch this
Source: Forbes - 🏆 394. / 53 Read more »

Microsoft targets $10B AI investmentMicrosoft may have closed on a deal to invest $10 billion in OpenAI after the company released its latest software ChatGPT and was subsequently valued at $29 billion Duzo
Source: FoxBusiness - 🏆 458. / 53 Read more »