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Quick Tech News

QuickTechnics

by Alexander Fäh

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Microsoft to invest $10 billion in OpenAI

Microsoft wants to go one step further with OpenAI and wants to buy shares for $10 billion.

ChatGPT catches Microsoft's eye; Image: Business Insider

After Microsoft had already announced that Bing will run with ChatGPT and invested $1 billion in 2019, the corporation wants to go one step further and wants to invest $10 billion. Negotiations are already underway. The investment does not change the market value of $29 billion.


Microsoft will get 75% of all profits from OpenAI in return until the investment is paid off. After this condition is met, Microsoft will remain OpenAI's largest investor with 49%. Another 49% goes to other investors and the remaining 2% goes to OpenAI's non-profit subsidiary.

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