OpenAI has been in the spotlight since November last year when it unveiled its artificial intelligence based chatbot ChatGPT that showcases a new way to search the internet. Credit: Thinkstock Microsoft is in talks to invest an additional $10 billion into ChatGPT owner OpenAI as it looks to integrate the GPT3-based chatbot into its search engine Bing, Semafor reported. In 2019, Microsoft had invested $1 billion in OpenAI to expedite efforts to further artificial general intelligence for “widely distributed economic benefits.” The recent interest to invest $10 billion could be the direct result of ChatGPT’s rising popularity due to its ability to respond to queries on the internet using conversational language, a vastly different approach from what Google and Bing offer currently in the way of links. The Semafor report comes days after The Information reported that Microsoft was in talks with OpenAI to increase its stake in the company, followed by a Wall Street Journal report that said OpenAI was looking to sell shares to venture capital firms at a valuation of $29 billion. Microsoft did not immediately respond to request for comment. According to the Semafor report, the terms of the investment state that Microsoft will end up owning 75% of the OpenAI’s profits until it gets back its investment. Subsequently, OpenAI’s structure is said to undergo a change to reflect Microsoft ownership at 49% along with other investors jointly owning 49%, and OpenAI’s non profit owning 2% of the new entity. OpenAI was founded by Elon Musk and Sam Altman in 2015 as an artificial intelligence research and development company. Currently, OpenAI is also working on artificial intelligence-based system, DALL-E 2, that can create realistic images and describe it using natural language processing. Microsoft had earlier said that it was planning to integrate this artificial intelligence system to its Bing search engine. Related content news analysis Within two years, 90% of organizations will suffer a critical tech skills shortage Along with AI skills, skills in IT ops and cloud development are severely lacking, IDC reports. By Lucas Mearian May 31, 2024 7 mins Generative AI IT Jobs IT Skills news analysis Google partners with Magic Leap on mixed reality development The Magic Leap collaboration follows Google’s partnership to develop mixed reality devices with Samsung last year. By Matthew Finnegan May 31, 2024 3 mins Augmented Reality Virtual Reality Emerging Technology how-to Microsoft OneDrive cheat sheet: Using OneDrive in Windows If you have Windows 10 or 11, you have OneDrive. With this quick guide, you can learn how to sync, back up, and share files in OneDrive with built-in Windows tools. By Howard Wen May 31, 2024 15 mins OneDrive Cloud Storage Windows analysis Apple's mutating supply chain sees winners and losers Shifting manufacturing centers are generating fresh challenges. By Jonny Evans May 31, 2024 5 mins iPhone Manufacturing Industry Apple Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe