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IPFS News Link • Robots and Artificial Intelligence

Microsoft announces new multibillion-dollar investment in ChatGPT-maker OpenAI

• CNBC

Microsoft on Monday announced a new multiyear, multibillion-dollar investment with ChatGPT-maker OpenAI.

Microsoft declined to provide a specific dollar amount, but Semafor reported earlier this month that Microsoft was in talks to invest as much as $10 billion.

The deal marks the third phase of the partnership between the two companies, following Microsoft's previous investments in 2019 and 2021. Microsoft said the renewed partnership will accelerate breakthroughs in AI and help both companies commercialize advanced technologies in the future.


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