 |
| Report: Microsoft plans to invest $10 billion in ChatGPT |
(SEMAFOR) Citing people familiar with the matter, Microsoft is in talks to invest $10 billion in the developer of the popular chatbot (ChatGPT), the latest version of which has impressed casual users and AI experts alike since its launch last month. deep embossing.
The site's sources say that the financing puts the company (OpenAI) that develops bots (ChatGPT) at about $ 29 billion, and this amount includes a new investment from Microsoft.
It was not immediately clear if the investment deal was final, but documents sent to potential investors in recent weeks showed the terms of the deal, which the website said is expected to close by the end of 2022.
(SEMAFOR), quoting its sources, said that the infusion of cash from Microsoft is part of a complex deal in which the US software giant will receive 75% of (OpenAI) profits until it gets back its investment. After that, OpenAI will revert to its current structure, which reflects its ownership of which Microsoft owns 49%, other investors have an equal stake, and its non-profit parent company OpenAI retains 2%.
Notably, The Information reported last October that Microsoft invested $1 billion in cash and cloud credits in OpenAI in 2019 and is currently in talks to increase its stake.
If one thinks $29 billion is an estimate for OpenAI, especially if the company doesn't adopt a business model for itself, then $10 billion is a good price for Microsoft shareholders, who are apparently looking for an improvement in technology. The capabilities of its services, especially cloud computing services that rival Amazon Services (AWS).
It should be noted that the (SEMAFOR) report was published at the same time as another report from the (information) website, which indicated that Microsoft was testing the integration of artificial intelligence technology developed by (Open AI) into its website for some. desktop application time. In: Word, PowerPoint, and Outlook.
Microsoft also plans to release a version of its Bing web browser that uses ChatGPT to answer search queries. The new feature, which is expected to be launched in early March next year, is intended to allow Bing to better compete with the Google search engine.