25 Jan 2023

Microsoft announces multi-billion ChatGPT investment

From Morning Report, 6:14 am on 25 January 2023

Microsoft has announced a new multi-billion investment into the AI company which owns ChatGPT.

It's the third installment of a set of investments into OpenAI, which which was co-founded by Elon Musk and investor Sam Altman.

Microsoft made the announcement via a blog post on Monday, and Microsoft's chief executive Satya Nadella says the technology will be integreated globally in months.

Wedbush Securities equity research analyst Dan Ives spoke to Guyon Espiner.
 

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