Microsoft Said to Invest $10 Billion Into OpenAI, Other Venture Firms

Microsoft is said to be in talks to invest $10 billion into OpenAI, the owner of ChatGPT, which will value the San Francisco-based firm at $29 billion, according to a report. The funding includes other venture firms and deal documents were sent to prospective investors in recent weeks, with the aim to close the round by the end of 2022, the report said.

from Gadgets 360 https://ift.tt/rPJlu63

Comments

Post a Comment

Popular posts from this blog

HBO Max will cost $14.99 per month and launch in May 2020

Image
AT&T and WarnerMedia just announced the pricing of their HBO Max streaming service, along with sharing more details about the timing and content lineup. The service will cost $14.99 per month — the same price as HBO Now. WarnerMedia also says it will be free for HBO Now subscribers and for viewers who subscribe to HBO via AT&T. And it will launch in May of next year. The announcement came at an event for investors and media, where HBO’s Casey Bloys also revealed that the network has greenlit a Game of Thrones spin-off called House of the Dragon , based on George R.R. Martin’s book of Westerosi history, Fire and Blood  (perhaps explaining why  a previously announced spin-off that was recently canceled ). The company also revealed that HBO Max will be the exclusive streaming home of South Park . Plus, Elizabeth Banks, Issa Rae and Mindy Kaling are all developing new shows for the service — and  Arrow and Riverdale producer Greg Berlanti announced that he’s working on the new
Read more