Microsoft in talks to invest $10 billion in ChatGPT owner: Report

Washington DC, 10/1: Microsoft Corp is said to be in talks to invest $10 billion into OpenAI, the owner of ChatGPT, Semafor 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 November 30. A chatbot is a software application designed to mimic human-like conversation based on user prompts.