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Microsoft in talks to invest $10 billion in ChatGPT owner: ReportThe funding includes other venture firms and will value San Francisco-based OpenAI at $29 billion
Reuters
Last Updated IST
Representative image. Credit: AFP Photo
Representative image. Credit: AFP Photo

Microsoft Corp is said to be in talks to invest $10 billion into OpenAI, the owner of ChatGPT, Semafor reported on Monday, citing people familiar with the matter.

The funding includes other venture firms and will value San Francisco-based OpenAI at $29 billion, the report said.

OpenAI made the ChatGPT chatbot available for free public testing on November 30. A chatbot is a software application designed to mimic human-like conversation based on user prompts.

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(Published 10 January 2023, 09:51 IST)