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2 years ago

Microsoft Is In Talk To Invest $10 Billion in OpenAI

2023-01-11

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In 2019 Microsoft invested $1 billion in OpenAI and Microsoft wants to increase its stake in 2023. Microsoft is in talk to invest $10 billion in OpenAI at $29 billion valuation. In the talk Microsoft would have 49% stake, other investors would hold 49% stake. The rest 2% own by OpenAI's nonprofit parent. Microsoft will receive 75% of OpenAI’s profits until it recoup initial investment.

 

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