Microsoft is reportedly considering a $10 billion investment in OpenAI, the creator behind the viral ChatGPT chatbot, Bloomberg reported on Tuesday.
The talks have been ongoing for months, according to Bloomberg sources, and would entail the money being invested over multiple years.The talks have been ongoing for months, according to Bloomberg sources, and would entail the money being invested over multiple years.
The chatbot gives users intelligent responses to simple written requests, imitating human conversation. It can also synthesize art and images with prompts using the company’s Dall-E model. Founded by Sam Altman as a non-profit in 2015, OpenAI had initial backers such as Tesla and Twitter Chief Executive Elon Musk and LinkedIn co-founder Reid Hoffman. It has generated tens of millions of dollars in revenue from selling AI software to developers.
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