Tag: ChatGPT microsoft

European Union examines Microsoft investment in Sam Altman-led ChatGPT developer OpenAI
Technology

European Union examines Microsoft investment in Sam Altman-led ChatGPT developer OpenAI

[ad_1] The European Union's competition regulator said Tuesday it was looking into Microsoft's investment into ChatGPT developer, the CEO Sam Altman-led OpenAI to see if it merits further investigation under the bloc's merger rules. The European Commission said in a statement it was "checking whether Microsoft's investment in OpenAI might be reviewable under the EU Merger Regulation".The move is part of efforts by Brussels to make sure its oversight can catch up with the fast-moving world of artificial intelligence and stop major players shutting out competitors. EU competition chief Margrethe Vestager, who will meet top tech bosses California this week, said "it is fundamental that these new markets stay competitive". "We are inviting businesses and experts to tell us about any competi...
Microsoft ChatGPT event highlights: AI integration with Bing – 10 quick points
Technology

Microsoft ChatGPT event highlights: AI integration with Bing – 10 quick points

[ad_1] Microsoft ChatGPT event: Microsoft has unveiled some exciting new projects, majorly revolving around the popular AI chatbot, ChatGPT's integration with its most popular software products. The highlight of the event included a co-pilot AI-integration between OpenAI's chatbot and Bing search engine, which is set to open new opportunities for the latter. The event took place in Redmond, Washington with the Microsoft CEO Satya Nadella heading the event. Interestingly, the event came just weeks after the Windows 11 maker invested $10 billion into ChatGPT. While the event was not live streamed, here are the biggest announcements made during the event. Check the quick 10 points.Microsoft ChatGPT event highlights1. The event opened with Nadella taking to the stage and giving a brief spe...
OpenAI, creator of ChatGPT, casts spell on Microsoft
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OpenAI, creator of ChatGPT, casts spell on Microsoft

[ad_1] The hottest startup in Silicon Valley right now is OpenAI, the Microsoft-backed developer of ChatGPT, a much-hyped chatbot that can write a poem, college essay or even a line of software code. The hottest startup in Silicon Valley right now is OpenAI, the Microsoft-backed developer of ChatGPT, a much-hyped chatbot that can write a poem, college essay or even a line of software code.Tesla tycoon Elon Musk was an early investor in OpenAI and Microsoft is reported to be in talks to up an initial investment of $1 billion to $10 billion in a goal to challenge Google's world-dominating search engine. If agreed, the cash injection by the Windows-maker would value OpenAI at a whopping $29 billion, making it a rare tech-world success when major players such as Amazon, Meta and Twitter a...
Microsoft’s Nadella Takes Fresh Aim at Google With OpenAI Talks
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Microsoft’s Nadella Takes Fresh Aim at Google With OpenAI Talks

[ad_1] Microsoft Corp.’s Satya Nadella is weighing the company’s biggest-ever startup investment, seeking to give the software giant an advantage against Google in the race to weave advanced artificial intelligence tools into fields like search and apps. Microsoft Corp.'s Satya Nadella is weighing the company's biggest-ever startup investment, seeking to give the software giant an advantage against Google in the race to weave advanced artificial intelligence tools into fields like search and apps. The company is in discussions to invest as much as $10 billion in OpenAI, the creator of viral AI bot ChatGPT, according to people familiar with its plans. The proposal under consideration calls for Microsoft to inject the cash over several years, though final terms may change, the people...