Talks are underway to invest up to $10 billion in OpenAI, which created the ChatGPT artificial intelligence bot. Microsoft.
The two companies have been in talks over the deal for months, with the potential value of the deal estimating OpenAI at $29 billion, according to Bloomberg.
ChatGPT has gone viral on the Internet since its launch at the end of November, reaching the milestone of 1 million users in less than a month.
Its ability to mimic human conversations has sparked scenarios where it will eventually replace professional writers and editors, but it also threatens Google’s search dominance.
ChatGPT, founded by Elon Musk and Silicon Valley investor Sam Altman, makes money by charging developers to license its technology.
Microsoft has previously invested around $1 billion in OpenAI and is interested in adding ChatGPT to its Bing search engine to gain an edge over Google.
The bot can answer questions in a natural way, as if it were a person, discuss and provide answers to questions that require additional clarification.
However, there are concerns about the bot’s accuracy as New York schools forbid students from using it.
Source: Moneyreview
Source: Kathimerini
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