Microsoft To Acquire 49% Stake In ChatGPT

WRITTEN BY SHUBHAM TYAGI

With the potential to replace Google, ChatGPT is one of the most talked-about things on the internet right now, and for good reason.

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Artificial intelligence is permeating every significant area of technology that significantly affects our way of life.

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One of the largest IT businesses in the world at the moment, Microsoft may soon be ChatGPT's new owner.

IMAGE CREDIT: GOOGLE

Microsoft is negotiating to buy a 49% share in ChatGPT from its owner, Open AI.

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If sources are to be believed, the transaction will likely cost Microsoft $10 billion or even more.

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Microsoft and Open AI are in discussions to develop a new ownership model that will eliminate the possibility of a single majority stakeholder.

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According to the new arrangement, Microsoft will purchase a 49 percent interest, leaving 49 percent for other investors and 2 percent for the parent nonprofit company of Open AI.

IMAGE CREDIT: GOOGLE

If this transaction is successful, Microsoft will probably include the ChatGPT into BING, their completely owned search engine.

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A search engine with ChatGPT capabilities might completely alter the search engine business and pose a serious threat to Google.

IMAGE CREDIT: GOOGLE

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