Nowadays, ChatGPT has become one of the topics of conversation in the world.Internet The AI is being used to answer questions, write reports and write software code. According to Semafor, Microsoft Corp is discussing a possible acquisition of ChatGPT giant OpenAI, the parent company of ChatGPT. The tech industry is ready to pay up to $10 billion for the acquisition.
Microsoft’s investment reportedly has a rather odd deal, whereby Microsoft will receive 75% of OpenAI’s revenue until the initial investment is returned.
In addition, Microsoft will own 49%, while another investor will own 49%, and the remaining 2% will go to OpenAI’s parent company.
OpenAI Launches as a Non-Profit Organization It hopes to help bring AI to the masses safely. However, the business model has undergone a revamp. and become a hybrid company that “Limit Profits” in 2019
The owner of ChatGPT hopes to make $1 billion by 2024, so the latest partnership could be a milestone for Microsoft considering rival Google is also exploring its AI ecosystem, hence the growing demand for its AI products. Will be able to drive Microsoft’s revenue higher.
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