Subsequently, OpenAI's structure is said to undergo a changeto reflect Microsoft ownership at 49% along with other investors jointlyowning 49%, and OpenAI's non profit owning 2% of the new entity. News OpenAI has been in the spotlight since Novemberlast year when it unveiled its artificial ...
is investing $10 billion in OpenAI, whose artificial intelligence tool ChatGPT lit up the internet since its introduction in November, amassing more than a million users within days and touching off a fresh debate over AI in the workplace. Microsoft, which already plowed $1 billion into ...
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 ...
The news: Microsoft reportedly plans to invest $10 billion in OpenAI, the creator of the popular ChatGPT generative AI. Its patronage ensures first dibs on the latest AI innovations it can use to boost its own products, per CNBC. A win-win for Microsoft and OpenAI: The deal is part of...
We also don’t know over how many years Microsoft is delivering this $10 billion to OpenAI. In addition, it’s unclear if Microsoft has to pay anything to OpenAI in terms of licensing or royalties to use its technology across its suite of products. If Microsoft integrates ChatGPT...
The "AI effect" can already be seen in Microsoft's financials - and now, the tech giant is expanding its AI bets beyond OpenAI to a French start-up that has also landed investments from the likes of Nvidia, Salesforce, and Andreessen Horowitz.
the cash would be used to help the ChatGPT-maker fulfill its around $18 billion commitment to Stargate, a joint venture founded by OpenAI, SoftBank and Oracle. The venture plans to invest $500 billion over the next four years building new artificial intelligence (A) infrastructure for OpenAI...
Microsoft Pledges $30 Billion Investment to Accelerate AI Expansion In India TMTPOST -- Microsoft Corporation pledged a $30 billion investment in India to accelerate the deployment of artificial intelligence (AI) technology there.Credit：Microsoft Microsoft plans to invest $30 billion in India in ...
Microsofton Mondayannounceda new multiyear, multibillion-dollar investment with ChatGPT-maker OpenAI. Microsoft declined to provide a specific dollar amount, butSemafor reportedearlier this month that Microsoft was in talks to invest as much as $10 billion. ...
in October that it has raised $6.6 billion in new funding at a $157 billion post-money valuation. The funding round made OpenAI one of the top three most valued startups across the world, along with SpaceX and ByteDance. Microsoft was said to join in the funding with about $750 ...