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Zenger
Zenger
Technology
AJ Fabino

OpenAI’s ChatGPT To Compete With Microsoft’s AI Chatbot

Microsoft OpenAI ChatGPT MercedesBenz Sam Altman Nvidia
The Bing and ChatGPT apps are seen on an iPhone in this photo illustration on 30 May, 2023 in Warsaw, Poland. Microsoft own 49% of OpenAI, parent company of ChatGPT. (Photo by Jaap Arriens/NurPhoto via Getty Images)

OpenAI has plans for its ChatGPT chatbot that will reportedly rival Microsoft Corporation (NASDAQ:MSFT), which invested $10 billion in the company for a 49% stake.

Illustration: ChatGPT, Suqian City, Jiangsu Province, China, 12 April 2023. ChatGPT stocks fell as a group, with Microsoft down more than 5 percent, Amazon down more than 2 percent, Nvidia (NVDA.US) and Baidu down more than 1 percent. Amid concerns over AI security, companies such as OpenAI, Microsoft, Google, Apple, and Nvidia gathered to discuss standards for the development and use of AI technology. (Photo credit should read CFOTO/Future Publishing via Getty Images) 
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