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Microsoft Reportedly Investing $10 Billion In OpenAI

Tyler Bryden - Co-founder & CEO, Speak AI January 10, 2023 1 min read
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Microsoft Reportedly Investing $10 Billion In OpenAI
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YouTube Video

YouTube Video Summary

– Microsoft getting 75% of profits until it recoups investment back
– After that Microsoft will get 49% equity
– Some questions around how Azure is serving technology of OpenAi
– This could help Microsoft boost its efforts in Google-dominated web search and more
– The project is currently burning cash and this may be necessary
– Hit 1 million users after only 5 days

Resources

Is Microsoft About to Buy OpenAI and ChatGPT?
Microsoft eyes $10 billion bet on ChatGPT owner | Semafor
Coinbase cuts 20%, Microsoft to invest $10B into OpenAI & Ascend Elements CEO Mike O’Kronley | E1654 – YouTube
Microsoft to invest $10 billion in ChatGPT creator OpenAI, report says
Microsoft in talks to invest $10B in ChatGPT-owner OpenAI: report | CP24.com
Microsoft Reportedly Closing In On $10 Billion Investment Into ChatGPT Creator OpenAI
Why OpenAI might be getting $10b from Microsoft
OpenAI

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