Microsoft is to contribute $10 billion to OpenAI, the firm that developed the well-known ChatGPT chatbot made with artificial intelligence.
According to Semafor, which cites sources familiar with the situation, Microsoft is "in talks" to invest at a US$29 billion valuation.
The investment would reportedly come from other venture firms. It's not clear if this has been resolved, although the objective was allegedly to complete the transaction by the end of 2022.
The complicated agreement stipulates that Microsoft will receive 75% of OpenAi's income up until it recovers its investment. Following that, Microsoft would eventually hold a 49 percent investment in Open AI, followed by the other investors with a 49 percent stake and the non-profit parent company of OpenAI with a 2 percent stake. http://sentrateknikaprima.com/
Microsoft currently owns a portion of OpenAI, and according to a report from The Information from October 2022, OpenAI is appealing to Microsoft for additional money. Additionally, according to a recent story, Microsoft wants to integrate ChatGPT into its Bing search engine.
With a 90% market share, Google, which rules the search engine industry, has undoubtedly taken notice of all of this. According to a Dec 2022 New York Times article, Google, which is developing its own chatbots, sees ChatGPT as a significant threat to its own operations.
DALL-E, an AI-based tool that can produce photorealistic graphics based on text prompts, is also created by OpenAI. The business is also developing a variety of other tools, such as Point-E, which can produce 3D models from a straightforward text input.
People continue to find new ways to use ChatGPT every day, indicating that the popularity of the bot is continually growing. This includes criminals using ChatGPT to create malware and students using it to create essays for academic tasks. Most recently, ChatGPT was contracted by the Vixus team to write a Sherlock Holmes mystery, with varying degrees of success. https://ejtandemonium.com/
According to Semafor, which cites sources familiar with the situation, Microsoft is "in talks" to invest at a US$29 billion valuation.
The investment would reportedly come from other venture firms. It's not clear if this has been resolved, although the objective was allegedly to complete the transaction by the end of 2022.
The complicated agreement stipulates that Microsoft will receive 75% of OpenAi's income up until it recovers its investment. Following that, Microsoft would eventually hold a 49 percent investment in Open AI, followed by the other investors with a 49 percent stake and the non-profit parent company of OpenAI with a 2 percent stake. http://sentrateknikaprima.com/
Microsoft currently owns a portion of OpenAI, and according to a report from The Information from October 2022, OpenAI is appealing to Microsoft for additional money. Additionally, according to a recent story, Microsoft wants to integrate ChatGPT into its Bing search engine.
With a 90% market share, Google, which rules the search engine industry, has undoubtedly taken notice of all of this. According to a Dec 2022 New York Times article, Google, which is developing its own chatbots, sees ChatGPT as a significant threat to its own operations.
DALL-E, an AI-based tool that can produce photorealistic graphics based on text prompts, is also created by OpenAI. The business is also developing a variety of other tools, such as Point-E, which can produce 3D models from a straightforward text input.
People continue to find new ways to use ChatGPT every day, indicating that the popularity of the bot is continually growing. This includes criminals using ChatGPT to create malware and students using it to create essays for academic tasks. Most recently, ChatGPT was contracted by the Vixus team to write a Sherlock Holmes mystery, with varying degrees of success. https://ejtandemonium.com/