Microsoft may have closed on a deal to invest $10 billion in OpenAI after the company released its latest software ChatGPT and was subsequently valued at $29 billion
Announced in November last year, ChatGPT is a chatbot built atop the parent company’s GPT-3 series of language models.
The conversational bot utilizes large databases and will respond to user questions and create other content on a wide array of subjects. Among many other forms, responses include answers, essays, legal briefs, and computer code. The Wall Street Journal reported last week that OpenAI was in talks to sell existing shares at a roughly $29 billion valuation in a tender offer that would attract investment of at least $300 million.OpenAI charges developers licensing its technology about a penny or a little more to generate 20,000 words of text, and about 2 cents to create an image from a written prompt.
It spends about a few cents in computing power every time someone uses its chatbot, Altman recently said in tweet that has raised concerns about OpenAI's cash burn. Reuters reported last month a recent pitch by OpenAI to investors said the organization expects $200 million in revenue next year and $1 billion by 2024.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Microsoft mulling $10 billion investment into ChatGPT creator OpenAI: reportMicrosoft is reportedly considering a $10 billion investment in OpenAI, the creator behind the viral ChatGPT chatbot, Bloomberg reported on Tuesday.
Leer más »
Microsoft Reportedly Closing In On $10 Billion Investment Into ChatGPT Creator OpenAIMicrosoft and OpenAI, the company behind the viral artificial intelligence chatbot ChatGPT are in discussions for a deal that would value the latter at $29 billion, according to several reports.
Leer más »
Microsoft in talks to invest $10 bln in ChatGPT owner -SemaforMicrosoft Corp is said to be in talks to invest $10 billion into OpenAI, the owner of ChatGPT, Semafor reported on Monday, citing people familiar with the matter.
Leer más »
Microsoft looking at OpenAI’s GPT for Word, Outlook, and PowerPointMicrosoft also working on ChatGPT-like features for Bing.
Leer más »
Microsoft in talks to invest $10B into ChatGPT owner: SemaforMicrosoft is reportedly in talks to pump in $10 billion into OpenAI — the owner of ChatGPT — valuing the company at $29 billion
Leer más »
Microsoft in talks to invest $10B into ChatGPT owner: SemaforMicrosoft is reportedly in talks to pump in $10 billion into OpenAI — the owner of ChatGPT — valuing the company at $29 billion
Leer más »