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Microsoft looking to pour $10 billion into OpenAI
Microsoft Corp. is in discussions to invest as much as $10 billion (R169.37 billion) in OpenAI, the creator of viral artificial intelligence bot ChatGPT, according to people familiar with its plans.
The proposal under consideration calls for the Redmond, Washington-based software giant to put the money in over multiple years, though the final terms may change, the people said, asking not to be named discussing a private matter.
[Bloomberg]
Microsoft Corp. is in discussions to invest as much as $10 billion (R169.37 billion) in OpenAI, the creator of viral artificial intelligence bot ChatGPT, according to people familiar with its plans.
The proposal under consideration calls for the Redmond, Washington-based software giant to put the money in over multiple years, though the final terms may change, the people said, asking not to be named discussing a private matter.
[Bloomberg]