According to multiple reports, Microsoft is in negotiations to invest about $10 billion into ChatGPT, the enormously popular AI service that was introduced last month.
Microsoft and Chat GPT Deal
It’s still not confirmed that the deal is done, but according to reports, documents provided to investors recently shows its parameters, including a potential close date. It is worth mentioning that ChatGPT was recently evaluated to be worth $29 billion.
Microsoft is looking to enhance it’s search engine experience and increase advertising revenue by integrating it with ChatGPT in the hope of competing with Google search engine.
