Microsoft is investing $10 billion in OpenAI, whose artificial intelligence tool ChatGPT has lit up the Internet since its introduction in November, accumulating more than 1 million users within days and touching off a fresh debate over the role of AI in the workplace. Its ability to provide ...
Key Points 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...
Microsoft is reportedly considering a $10 billion investment in OpenAI, the creator behind the viral ChatGPT chatbot, Bloomberg reported on Tuesday.
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...
Understanding the Microsoft-OpenAI deal The deal between OpenAI and Microsoft might be quite peculiar, given the hybrid structure of OpenAI, which is both an LP and a non-profit entity. Indeed, Microsoft seems to be in talks to put $10 billion into the partnership, after the $1 billion, ...
$10 billion is largely a “payment-in-kind” for computing resources. 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 i...
Microsoft’s bet on OpenAI appears to be even bigger than was previously known. The documents suggest that, prior to this deal, Microsoft had already poured $3 billion into the company—$2 billion more than has been publicly reported. If the current deal is completed at the figures being di...
a French AI startup that’s valued at €2 billion (about $2.1 billion).TheFinancial Timesreportsthat the partnership will include Microsoft taking a minor stake in the 10-month-old AI company, just a little over a year after Microsoft invested more than$10 billion into its OpenAI partnership...
The FTC opened an inquiry into the impact of billion-dollar investments by cloud providers into AI startups on the competitive landscape of generative AI.
As you may know, OpenAI was recently on thecusps of bankruptcy with projections of $5 billion in losses within the next 12 months. The ChatGPT maker was able to wiggle its way out of this tough situation through another round of funding from investors, including Microsoft and NVIDIA,raisin...