Monday, January 23, 2023

Microsoft Makes New Multi-Billion-Dollar Investment In ChatGPT-Creator Open AI -- January 23, 2023

Updates

Later, 7:30 p.m. CT, link to The WSJ: 

Microsoft Corp. said Monday it is making a multiyear, multibillion-dollar investment in OpenAI, substantially bolstering its relationship with the startup behind the viral ChatGPT chatbot as the software giant looks to expand the use of artificial intelligence in its products.

Microsoft said the latest partnership builds upon the company’s 2019 and 2021 investments in OpenAI.

The companies didn’t disclose the financial terms of the partnership. Microsoft had been discussing investing as much as $10 billion in OpenAI.

OpenAI was in talks this month to sell existing shares in a tender offer that would value the company at roughly $29 billion, The Wall Street Journal reported, making it one of the most valuable U.S. startups on paper despite generating little revenue.

The investment shows the tremendous resources Microsoft is devoting toward incorporating artificial-intelligence software into its suite of products, ranging from its design app Microsoft Designer to search app Bing. It also will help bankroll the computing power OpenAI needs to run its various products on Microsoft’s Azure cloud platform.
Original Post

Yesterday I posted this, including the map. I couldn't have been much more direct. LOL.

Now, less than 24 hours later, this:


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The Book Page

The Age of Entanglement: When Quantum Physics Was Born, Louisa Gilder, c. 2008.   

This was Ms Gilder's first book. 

My first copy was loaned to me by my Hispanic brother-in-law. I returned it and then bought my own copy, which over the years was misplaced or given away. 

Having just read this book for the first time, I needed to re-read The Age of Entanglement, so I bought another copy. 

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