Microsoft Is In Talks To ACQUIRE A 49% Stake Worth $10 billion In ChatGPT Owner OpenAI — This Is A Big Deal 🤯
Microsoft would receive 75% of OpenAI’s income until it has recovered its initial investment, good terms for the tech giant.
Once they hit that threshold, they would have a 49% stake in OpenAI, with other investors taking another 49% and OpenAI's nonprofit parent getting 2%.
OpenAI is currently raising funds at a $29 billion valuation and is allowing employees along with early investors to sell their shares at the that valuation.
They are expected to generate ~1 Billion in revenue in 2024
Microsoft will look to add OpenAI’s Chatbot, ChatGPT’s AI tech to Bing, Word, Outlook, Excel and PowerPoint.
MS office has 1.4 billions users worldwide 🤯
ChatGPT4 is also coming in 2023, and it's capabilities are scary.
Microsoft would receive 75% of OpenAI’s income until it has recovered its initial investment, good terms for the tech giant.
Once they hit that threshold, they would have a 49% stake in OpenAI, with other investors taking another 49% and OpenAI's nonprofit parent getting 2%.
OpenAI is currently raising funds at a $29 billion valuation and is allowing employees along with early investors to sell their shares at the that valuation.
They are expected to generate ~1 Billion in revenue in 2024
Microsoft will look to add OpenAI’s Chatbot, ChatGPT’s AI tech to Bing, Word, Outlook, Excel and PowerPoint.
MS office has 1.4 billions users worldwide 🤯
ChatGPT4 is also coming in 2023, and it's capabilities are scary.
👍5❤2❤🔥1🔥1