ChatGPT: Microsoft wants to invest $10 billion in AI

Artificial intelligence is on the rise – Over the past few weeks, artificial intelligence has been in the news. Indeed, the company OpenAI has unveiled its ChatGPT tool, marking an unprecedented advance in the field of AI. Now all the big companies are getting into the breach.

ChatGPT: the artificial intelligence revolution

We have been in contact with more or less advanced artificial intelligence for many years. Thus, for their part, Siri, Alexa and other personal assistants have invited themselves into our daily lives.

However, the latter were still extremely limited in terms of intelligence. Recently, the AI ​​world was rocked by the opening of ChatGPTor language model with surprising results.

This template allows users to ask their questions and it provides detailed answers.

Answered by ChatGPT.

Its power is unprecedented. So much so that they are very observant convinced that it has revolutionized many fields. Writing, artistic creation or IT development, nothing escapes ChatGPT.

In practice, ChatGPT is based on the Transformer neural network introduced in 2017. The AI ​​was then trained through a reinforcement learning technique using data from the Internet. In fact, the training algorithm used is called GPT-3, which gave the name ChatGPT.

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Microsoft is betting big on AI

In the weeks following its deployment, many tech giants unveiled their own ChatGPT-like projects.

So the holders of ChatGPT would be in discussion with the giant Microsoft. In this way, Microsoft may invest $10 billion in OpenAIdevelopers of ChatGTP.

Of course, Google isn’t the only one with a keen interest in ChatGTP. Indeed, other venture capital firms are also said to have offered investment to OpenAI.

This enthusiasm has brought OpenAI’s valuation to $29 billion. A great tour in view of the lack of age of the proposed solution.

According to sources familiar with the matter, Microsoft will negotiate to receive 75% of the revenue generated by OpenAI, until the company recovers its investment.

After this period has passed, OpenAI’s revenue can be divided as follows:

  • 49% for Microsoft;
  • 49% for other investors;
  • 2% for OpenAI.

However, this would not be Microsoft’s first investment in OpenAI. Actually, in 2019 the company had already invested the equivalent of $1 billion in cash and credit for its cloud computing service.

And money, OpenAI needs it. Indeed, according to ratings by Tom Goldstein OpenAI reportedly spends about $100,000 a day to host its application in Microsoft’s cloud.

At the same time, the giant Microsoft also seems to be betting on the metaverse. Thus, its director of global mobility strategy sees a shift in consumer-business relationships towards a hybrid digital model based on the metaverse.

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