Microsoft in talks to invest $10 billion in ChatGPT-owner OpenAI - Semafor


FILE PHOTO: A Microsoft logo is seen in Los Angeles, California U.S. November 7, 2017. REUTERS/Lucy Nicholson/File Photo

(Reuters) -Microsoft Corp is in talks to invest $10 billion in ChatGPT-owner OpenAI as part of funding that will value the firm at $29 billion, Semafor reported on Monday, citing people familiar with the matter.

The news underscores rising interest in the artificial intelligence company, whose chatbot has dazzled amateurs and industry experts with its ability to spit out haikus, debug code and answer questions while imitating human speech.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

EU joins U.S.-led 'Pax Silica' on securing AI, chip supply chains
BlackBerry lifts annual revenue forecast as QNX unit powers growth
EU targets Amazon, Microsoft cloud units for Big Tech gatekeeper rules
IndiaMART doubles down on AI to curb fake listings, improve buyer interaction
Canadian workers have few protections against workplace surveillance as TD starts monitoring
IBM unveils tech for chip smaller than 1 nanometer in AI computing push
WhatsApp's pick of Indian fintech founder signals scale of payment ambitions
The theatre chain asking moviegoers to use their phones
Amazon to invest additional $13 billion in India cloud, AI
Their phones were stolen in London. Then the threats started

Others Also Read