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 feature Windows 11 Insider Previews: What’s in the latest build? Get the latest info on new preview builds of Windows 11 as they roll out to Windows Insiders. Now updated for Build 26217 for the Canary Channel, released on May 15, 2024. By Preston Gralla May 15, 2024 256 mins Small and Medium Business Microsoft Windows 11 news Senators propose $32B on AI spending without firm regulatory oversight After months of meetings with industry experts and AI critics, a group of four US senators published what they say is a comprehensive roadmap for maintaining US leadership in AI development. By Lucas Mearian May 15, 2024 4 mins Regulation Government Generative AI news Meta signals the end of the road for Workplace The enterprise social network was used by millions of workers, but a shift in Meta’s priorities means the app will be phased out over the next two years. By Matthew Finnegan May 15, 2024 3 mins Facebook Collaboration Software Productivity Software news analysis There aren't nearly enough workers to support new US chip production Even as the semiconductor industry hopes to find and recruit skilled workers, a lack of talent could undermine national objectives, push up labor costs, and hinder the returns from the billions of dollars being spent, according to a McKinsey & Co By Lucas Mearian May 15, 2024 10 mins CPUs and Processors Government Manufacturing Industry 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