Microsoft in Talks to Invest $10 Billion in ChatGPT Owner

Last Update: January 10, 2023, 13:27 IST

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Microsoft Corp is said to be in talks to invest $10 billion in ChatGPT owner OpenAI, Semaphore reported on Monday, citing people familiar with the matter.

Microsoft Corp is said to be in talks to invest $10 billion in ChatGPT owner OpenAI, Semaphore reported on Monday, citing people familiar with the matter.

The funding includes other venture firms and will value San Francisco-based OpenAI at $29 billion, the report said.

OpenAI made the ChatGPT chatbot available for free public testing on 30 November. A chatbot is a software application designed to mimic a human-like conversation based on user signals.

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