Microsoft's $10 Billion Investment in ChatGPT
It was just reported that Microsoft is planning to invest another $10 Billion in OpenAI. This is the company that created the viral projects, ChatGPT and Dall E 2.
2023-01-11 23:00:00 - Microsoft
These applications have dominated the news cycle and have many thinking that the AI Revolution may be coming sooner than we thought. ChatGPT became the fastest product to 1 million users in history.
It took just 5 days. For comparison, Facebook and Instagram took over 2 years to hit that same mark. The possible implementations of ChatGPT are endless. If you are not familiar with it, I really suggest you look into it after watching this video.
Over the long-term, it seems like this has the opportunity to change the nature of work itself.
So what is OpenAI, why is Microsoft investing even more into it, and how will this benefit Microsoft shareholders?