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Microsoft's $13 Billion Investment in OpenAI May Be "Some of the Best Money Ever Spent," According to Certain Wall Street Analysts

By Yahoo! Finance   |   1 month ago
Microsoft's $13 Billion Investment in OpenAI May Be "Some of the Best Money Ever Spent," According to Certain Wall Street Analysts

In 2019, Microsoft invested $1 billion in OpenAI to catch up with AI competition. The partnership has since expanded to $13 billion, with successful products like ChatGPT. Microsoft benefits by providing cloud services, integrating AI models, and sharing in OpenAI's profits.

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