ChatGPT could be a 'game changer' for Microsoft that turns it into a core AI stock as it mulls a $10 billion investment into OpenAI, Wedbush says

Jan 11 2023 by Business Insider

 
Microsoft CEO Satya Nadella.

Brian Smale/Microsoft via Getty Images

"ChatGPT a potential game changer for MSFT," according to a note from Wedbush analyst Dan Ives.Microsoft already invested $1 billion in parent OpenAI back in 2019, and it's reportedly in talks to invest another $10 billion."This strategic investment is a smart poker move in this AI arms race that is taking place globally," Ives said.

Microsoft could reinvent itself if it moves ahead with a large investment in OpenAI, the...

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