Microsoft invests billions in ChatGPT-maker OpenAI

KIFI

Published January 23, 2023 7:34 AM

By MATT O’BRIEN
AP Technology Writer

Microsoft says it is making a “multiyear, multibillion dollar investment” in the artificial intelligence startup OpenAI, maker of ChatGPT and other tools that can generate readable text, images and computer code. The tech giant on Monday described its new agreement as the third stage of a growing partnership with San Francisco-based OpenAI that began with a $1 billion investment in 2019. It didn’t disclose the dollar amount of its latest investment. OpenAI started out as a nonprofit artificial intelligence research company when it launched in December 2015.

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