Microsoft Invests in OpenAI, Expands ChatGPT Access

Microsoft invests in OpenAI, Expands ChatGPT Access

Microsoft Corp. announced on Monday that it is extending access to extremely well-liked software created by OpenAI, a business it is investing in and whose ChatGPT chatbot has captured Silicon Valley’s imagination.

The information comes as two people with knowledge of the situation earlier told Reuters that Microsoft has considered increasing its $1 billion stake in OpenAI. Microsoft declined to comment on any potential deals after the news outlet Semafor claimed earlier this month that Microsoft might invest $10 billion.

Following the release of ChatGPT in November, a text-based chatbot that can generate computer code, prose, and even poetry at will, public interest in OpenAI skyrocketed. The technology that powers ChatGPT—generative AI, which creates new content after training on enormous quantities of data—is one that Microsoft is allowing additional clients to apply to use.

Microsoft announced in a blog post that ChatGPT itself, not just the underlying technology, will be made available through its cloud soon.

In order to prevent potential software abuse, Microsoft claimed it is screening its clients’ apps. Its filters can also check for any hazardous content that users may enter or that the technology itself may produce.

At a time when funding is otherwise scarce, the commercial potential of such software has attracted significant venture capital investment in firms generating it. Some businesses have already used the technology to produce marketing content or show how they may negotiate a cable payment.

CarMax, KPMG, and other companies, according to Microsoft, use its Azure OpenAI service. An Al Jazeera vice president was reported in the press statement as noting that the tool might aid the news organization in content translation and summarization.

Leave a Reply

Your email address will not be published. Required fields are marked *