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Microsoft wants to invest more than $223 billion in ChatGPT

According to the report, other investment companies are participating in the financing. OpenAI has been in talks to sell its existing shares, according to a report from the Wall Street Journal. According to familiar sources, the bid will value OpenAI at around $29 billion. The company was co-founded by Elon Musk and investor Sam Altman.

OpenAI made ChatGPT available for free public testing on November 30th. It is the latest product in the development of artificial intelligence based on the GPT system, which can generate text output at a level that is almost indistinguishable from human generation.

Artificial intelligence under the tutelage of the European Union. Usage rules are heading towards the final version

Internet and PC

Under the terms of the funding, once OpenAI makes its products profitable, Microsoft must take 75 percent of the profits in order for its initial investment to be recouped. After that, it will take a 49 percent stake in the company, other investors will also get a 49 percent stake, and parent company OpenAI will keep a 2 percent stake.

Microsoft has already invested $1 billion in OpenAI in 2019. According to The Information, it plans to integrate ChatGPT technology into Microsoft 365 software and the Bing search engine.

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