There have been chatbots before. But not like this.
In between all the depressing reports of tech layoffs and high-profile down rounds has been a major outlier: OpenAI—the Sam Altman-led artificial intelligence powerhouse behind ChatGPT. This week, Microsoft said it had finally sealed the deal, making a “multiyear, multibillion” investment into the company. While the tech giant is refusing to put a dollar figure on it, Bloomberg confirmed the investment does, indeed, appear to be $10 billion, as we’ve been reporting in the weeks leading up to Microsoft sealing the deal. Some details are still unclear, however, such as whether Microsoft’s investment is pure cash or whether it includes the value of services Microsoft will provide as part of its partnership with OpenAI, what kind of hurdles may be involved with the investment, or whether some of ChatGPT’s flaws can be sorted out.
