Microsoft pouring $10 billion into ChatGPT

Hanno Labuschagne

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Microsoft pouring $10 billion into ChatGPT

Microsoft Corp. is investing $10 billion (R171.9 billion) in OpenAI, whose artificial intelligence tool ChatGPT has lit up the internet since its introduction in November, amassing more than a million users within days and touching off a fresh debate over the role of AI in the workplace.

The new support, building on the $1 billion Microsoft poured into OpenAI in 2019 and another round in 2021, is intended to give Microsoft access to some of the most popular and advanced artificial intelligence systems.

[Bloomberg]
 
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