The Claps Microsoft (NASDAQ:MSFT) is interested in investing around $10bn in OpenAI, the company responsible for the creation of the popular AI bot ChatGPT.
What Sources say that the two companies have been in discussions for months now about a potential deal that will see Microsoft invest in OpenAI over several years.
The deal could involve several other venture firms and is expected to value OpenAI at $29bn.
So What ChatGPT went viral in recent times, with the AI bot gathering over a million users in less than a week. After seeing its capabilities, many people feel it has the potential to support writers and could even compete with Google’s search business.
Now WhatMicrosoft has already invested around $1bn in OpenAI and the latest investment could include adding ChatGPT to its Bing search engine, potentially turning the tides on Alphabet’s dominant search engine.