TechFlow news, according to sources, Microsoft has been in talks to invest $10 billion in OpenAI, the creator of the AI chatbot ChatGPT. The funding round would also include other venture capital firms, the sources said. Including this new investment, OpenAI’s valuation would reach $29 billion.
It remains unclear whether the deal has been finalized, but documents sent to potential investors in recent weeks indicate that the target is to complete the transaction by the end of 2022. If this threshold is met, Microsoft would hold a 49% stake in OpenAI, other shareholders would hold another 49%, and OpenAI’s non-profit parent organization would retain 2%. Original link
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