Highlights

  • A $10 billion investment would value open AI at $29 billion.
  • As per reports, the deal would include Microsoft getting 75% of OpenAI's profits until it recoups its investments

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Microsoft in talks for $10 bn investment into ChatGPT

A potential $10 billion investment by Microsoft, would value ChatGPT's owner, Open AI, at $29 billion

Microsoft in talks for $10 bn investment into ChatGPT

Microsoft is in talks to make a $10 billion investment into Open AI, the company behind ChatGPT. Reports say that the deal structure includes Microsoft getting 75% of OpenAI's profits until in recoups its investment. This after OpenAI figures out how to make money on ChatGPT.

As per reports, no official comments on the deal have come in from Microsoft or OpenAI yet.

Tesla CEO Elon Musk is the founder of OpenAI along with investor Sam Altman. ChatGPT was made available for free public testing end of Novemeber last year.

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Microsoft is reportedly in talks to make a $10 billion investment.

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