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Microsoft looks to tighten ties with OpenAI through potential $10B investment and new integrations

January 10, 2023/

Artificial Intelligene

A potential $10 billion investment by Microsoft in OpenAI would strengthen the tech giant’s partnership with the ChatGPT maker as it eyes new integrations that leverage breakthroughs from the AI powerhouse.

The possible deal, currently the subject of negotiations between the companies, would value OpenAI at $29 billion, with the possibility of Microsoft receiving 75% of OpenAI’s profits until it recoups its investment, according to a report Monday by Semafor, citing unnamed sources.

 

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