Microsoft intends to invest $10 Billion in ChatGPT Creator

Image Source: marketwatch.com

Microsoft intends to invest 10 billion USD in OpenAI, the venture behind the prevalent artificial intelligence tool ChatGPT.

OpenAI is valued at a whopping $29 billion.

Microsoft will supposedly receive 75 percent of OpenAI profits.

After recouping its investment, Microsoft will own 49 percent of OpenAI.

ChatGPT is designed to produce content that looks like it was written by a human.

ChatGPT could aid Microsoft’s attempts in web search, which is ruled by Google.

ChatGPT might capture market share and destabilize Google’s stance.

Currently, ChatGPT is losing money because of the massive amount of stress on its servers as a result of its virality.

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