Microsoft is planning to invest up to $10 billion into the artificial intelligence startup OpenAI, according to sources familiar with the matter.
OpenAI, the startup behind the viral chatbot ChatGPT that has helped create a fervor among investors for companies working on so-called generative A.I., has been in talks to raise additional capital from Microsoft, which had previously invested $1 billion in the startup in 2019 and could use the technology to supercharge a variety of its software products. It is unclear whether the $10 billion would be fully in cash or whether that figure includes the value of services Microsoft will provide as part of its partnership with OpenAI.
