PARIS: The hottest start-up in Silicon Valley right now is OpenAI, the Microsoft-backed developer of ChatGPT, a much-hyped chatbot that can write a poem, college essay or even a line of software code.
Tesla tycoon Elon Musk was an early investor in OpenAI, and Microsoft is reported to be in talks to up an initial investment of US$1 billion to $10 billion in a goal to challenge Google’s world-dominating search engine.
If agreed, the cash injection by the Windows-maker would value OpenAI at a whopping $29 billion, making it a rare tech-world success when major players such as…