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Microsoft will ‘soon’ add ChatGPT to Azure cloud services

Microsoft said it will add OpenAI’s famous artificial intelligence bot, “ChatGPT”, to its Azure service based on the cloud soon, expanding on the two corporations’ ongoing relationship as Microsoft perceives a greater stake in OpenAI.

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Image Source: inventiva.co.in

The tech giant declared the expansion of its Azure OpenAI service, which has been available to a select group of customers since its debut in 2021. According to a blog post, the service provides Microsoft cloud users with access to numerous OpenAI functions including the GPT-3.5 language system used for creating images from text prompts and the ChatGPT system based on the Dall-E model. This allows Azure clients to use OpenAI tools in their cloud-based applications.

According to people familiar with the company’s plans, Microsoft is in talks to spend over 10 billion USD on OpenAI. The offer calls for Redmond which is a Washington-based software company to spend the funds over many years, however, the final terms might get modified, the people said, declining to be identified because the matter is private.

According to people familiar with the talks, Semaphore revealed last week that the future investment might benefit OpenAI at about 29 billion USD. Microsoft and OpenAI officials have refused to speak at the talks.

Microsoft, which was previously an OpenAI partner, is now an OpenAI partner as a result of Alphabet Inc.’s $1 billion funding in 2019. Google wants to gain an advantage over Amazon.com Inc. as well as Meta Platforms Inc. by gaining access to the most prominent and developed AI system.

Ever since its release in late November, ChatGPT has illuminated the internet, amassing the first million active users in much less than a week. Its ability to imitate human conversation has fueled speculation that it could soon overtake professional writers as well as even endanger Google’s core search biz.

Elon Musk as well as Sam Altman, a Silicon Valley investor, co-founded the company, which tends to make revenue by charging developers to license its advanced technologies.

The latest technology arrives at the year-end filled with AI news. The firm’s Dull-e, which welcomes written prompts to synthesize art as well as other images, triggered a broader discussion about the integration of AI in the creative fields. OpenAI is already developing a GPT-4 successor model which will be used for natural language processing.

Even so, worries about its accuracy, which Altman himself has stated is not adequate to trust the bot, have given rise to remaining cautious around its premature use.

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Microsoft Considers $10 Billion Investment in ChatGPT Creator

As per a report from Semafor, Microsoft intends to invest 10 billion USD in OpenAI, the venture behind the prevalent artificial intelligence tool ChatGPT.

According to Semafor, who cited individuals with knowledge of the matter, the contract is the portion of a funding round with some other investors which would appreciate OpenAI at a hefty $29 billion.

Microsoft
Image Source: marketwatch.com

Although it is unclear if the deal has been set in stone, term sheets sent out to potential investors demonstrated that the proposal seemed to be to seal the deal by the finish of 2022, according to Semafor.

Microsoft will supposedly receive 75 percent of OpenAI profits until it recoups its investment, at which point the firm will own 49 percent of OpenAI.

When CNBC got in touch with Microsoft and OpenAI, neither company responded immediately.

ChatGPT has become the talk of the tech sector for several weeks. The software is a natural-language processing model, which means it is designed to produce content that looks like it was written by a human.

The AI model, which is a modified version of the GPT-3 group of large language models, was utilized for including everything from code development to university essay writing.

A hope on ChatGPT could aid Microsoft’s attempts in web search, which is ruled by Google. Although the firm’s Bing browser has a comparatively tiny share of the worldwide search engine market, it is hoped that the deal will assist the business chip away at Google’s supremacy by providing more innovative search capabilities.

Morgan Stanley issued a report in December analyzing whether ChatGPT could pose a threat to Google. Language models, according to Brian Nowak who is the bank’s lead Alphabet analyst, might capture market share and destabilize Google’s stance as the entrance for individuals who use the Internet.

OpenAI, founded in 2015 by Sam Altman who is a Silicon Valley entrepreneur, made its ChatGPT available to the general public in late November. Despite its prospects, the project is losing money because of the massive amount of stress on its servers as a result of its virality. Altman announced that ChatGPT had reached 1 million users five days after it was released by OpenAI.