Microsoft in talks to invest $10 billion in OpenAI: Report

Microsoft is in talks to invest an additional $10 billion into ChatGPT owner OpenAI as it looks to integrate the GPT3-based chatbot into its search engine Bing, Semafor reported. In 2019, Microsoft had invested $1 billion in OpenAI to expedite efforts to further artificial general intelligence for "widely distributed economic benefits." The recent interest to invest $10 billion could be the direct result of ChatGPT's rising popularity due to its ability to respond to queries on the internet using conversational language, a vastly different approach from what Google and Bing offer currently in the way of links. The Semafor report comes days after The Information reported that Microsoft was in talks with OpenAI to increase its stake in the company, followed by a Wall Street Journal report that said OpenAI was looking to sell shares to venture capital firms at a valuation of $29 billion. Microsoft did not immediately respond to request for comment.