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Microsoft ponders investing $10 billion in OpenAI, ChatGPT’s owner

For a while, ChatGPT was trending on Twitter. The artificial intelligence application, which some believe could some day dethrone Google, is being used for all sorts of things, from answering question to writing scripts. It gained over a million users in the first few days after its launch.

According to a recent report by Semafor, Microsoft is now looking to acquire a 49% stake in ChatGPT’s owner, OpenAI, for $10 billion.
The deal includes a certain condition though, which if for Microsoft to receive 75% of OpenAI’s income until full recovery of the initial investment.

It is worth noting that the tech giant had already invested $1 billion in OpenAI a few years ago. Also, ChatGPT is already using Microsoft cloud services for each query, which costs a few cents, but when all put together amounts to large amounts of money to be spent by OpenAI.

According to that same report, Microsoft could be looking to include ChatGPT features in its Office Suite.

OpenAI is also the company behind popular image creation tool Dall-E.

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Flavien

Greetings, I go by the name of Flavien - a devoted supporter of cryptocurrency and a tech aficionado who has been keeping track of the developments in the world of blockchain and digital currencies since 2019. The potential of decentralized digital currencies to revolutionize our financial systems has captivated me, and I'm constantly exploring the most recent trends and advancements in this ever-evolving industry. As a content creator for Krypto Channel, my aim is to deliver informative and engaging articles that shed light on all aspects of the crypto world. Whether you're a seasoned investor or simply curious about blockchain technology, I am here to keep you updated on the latest happenings and trends. Being part of this lively and dynamic community is an honor, and I am thrilled to share my passion for cryptocurrency and blockchain with all of you.
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