Who Is Investing $10 Million In ChatGPT Owner:
Know here!
Author: Kanika Gupta
Date: 10 Jan 2023
Time: 2:02 pm
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According to sources familiar with the situation, Microsoft Corp. is in talks to invest $10 billion in OpenAI, the company that owns ChatGPT, valuing the San Francisco-based company at $29 billion.
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OpenAI did not immediately respond to Reuters' request for comment, while Microsoft declined to do so.
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ChatGPT chatbot was released for free public testing on Nov. 30. According to the Semafor study, the funding conditions stipulated that Microsoft would get 75% of OpenAI's income until it had recovered its initial investment.
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