To compete with Google.. Microsoft is making a "huge investment" in OpenAI
Microsoft has announced that it will increase its investment in OpenAI, owner of ChatGPT, as it paves the way for more competition with rival Google, which is owned by Alphabet Inc.
"Today, we announce the third phase of our long-term partnership with OpenAI through a multi-segment, multi-billion dollar investment to accelerate AI breakthroughs to ensure these benefits are widely shared with the world," the software giant said in a blog post.
A Microsoft spokesperson declined to comment on the terms of the latest investment, which some media reported was worth $10 billion. The British newspaper “Daily Mail” said that the new agreement for the technology giant comes within the third phase of a growing partnership with the San Francisco-based company “OpenAI”, which began with an investment of one billion dollars in 2019.
She explained that the partnership will contribute to strengthening the famous "ChatGPT" chatbot by providing OpenAI with the necessary resources.
ChatGPT
It is owned by OpenAI, which started as a non-profit AI research company in December 2015.
The American billionaire Elon Musk is one of the investors and co-founders of OpenAI.
ChatGPT has been making headlines for several days now.
The robot has passed some of America's toughest occupational exams.
He will soon pass very advanced exams, such as the United States Medical Licensing Examination.
The program relies on artificial intelligence to answer user questions in a creative way and write articles, research, studies, text analysis, and other advanced services.
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