Microsoft's investment into ChatGPT's creator may be the smartest $1 billion ever spent

Jan 6 2023 by Business Insider

 
ChatGPT, a AI chat bot, has gone viral in the past two weeks.

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Microsoft's $1 billion investment into OpenAI may be one of the shrewdest bets in tech history. OpenAI released AI bot ChatGPT and is in discussions to raise capital at a $30 billion valuation. If ChatGPT lives up to its potential, Microsoft may have future proofed its cloud and browser business forever.

It has looked, over the past few months, like Big Tech's bull run is coming to end. As interest rates soar,...

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