News OpenAI has been in the spotlight since Novemberlast year when it unveiled its artificial intelligencebased chatbot ChatGPT that showcases a new way to searchthe internet Microsoft is in talks to invest an additional $10 billion into ChatGPT ownerOpenAI as it looks to integrate the GPT3-based chatbot into its searchengine Bing,...
It’s raining money for ChatGPT company OpenAI as Microsoft officially throws down a $10 billion investment BYDina Bass and Bloomberg January 23, 2023 at 11:08 AM ESTOpenAI ChatGPT seen on mobile with AI Brain seen on screen. on 22 January 2023 in Brussels, Belgium. (Photo by Jonathan ...
A win-win for Microsoft and OpenAI: The deal is part of a funding round with other investors resulting in OpenAI’s value hitting $29 billion. Microsoft will reportedly get a 75% share of OpenAI’s profits until it makes back the money on its investment, after which the company would a...
Microsoft is set to invest $10 billion in OpenAI as part of a funding round that would value the company at $29 billion, news site Semafor reported Tuesday. Microsoft will reportedly get a 75% share of OpenAI's profits until it makes back the money on its investment, after which the ...
Microsoft saysit’s extendingits long-term partnership with OpenAI through a new “multiyear, multibillion dollar investment.” The investment comes just weeks after Microsoft wasrumored to be investing$10 billion into OpenAI, the creators of popular AI tools like ChatGPT and DALL-E 2. ...
In the meantime, by 2022, Microsoft was in talks to invest another $10 billion into the partnership. Discussions closed, as Microsoftconfirmedits multi-year, multi-billion dollars investment into OpenAI, which is moving along three pillars: ...
Microsoft revealed on Monday that it’s making a further investment in OpenAI, the company behind the much-talked-aboutAI-powered chatbot ChatGPT. In a statement on its website, the computer giant described the move as a “multiyear, multibillion-dollar” investment, declining to offer more sp...
Microsoft initially partnered with the research company in 2019 when itinvested $1 billion. It later gained exclusive rights to theOpenAI large language model GPT-3in 2021.The New York Timesreported the new investment from Microsoft, revealed a few days after the tech giant laid ...
It is possible that much of what OpenAI is actually getting out of the deal is the right to use these supercomputing clusters at little to no cost and that the $10 billion is largely a “payment-in-kind” for computing resources. We also don’t know over how many years Micr...
This marks the first time Microsoft has built its own AI model of this magnitude since investing over $10 billion in OpenAI for the rights to reuse the startup's AI models. OpenAI's GPT-4 powers not only ChatGPT but also Microsoft Copilot. ...