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OpenAI, creator of ChatGPT, casts spell on Microsoft

The OpenAI website ChatGPT about page on laptop computer arranged in the Brooklyn borough of New York, the United States, on Jan 12, 2023. (Photo: Bloomberg)

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…

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