Investing in the startup since 2019, Microsoft intends to greatly expand the use of technology in products made by both software companies
This Monday, the 23rd, Microsoft announced that it is investing heavily in new technologies, software, and artificial intelligence in their products. With a multibillion-dollar investment in startups, the company has continued since 2019 to invest in OpenAI and in the startup's ChatGPT chatbot.
Software technology companies have not disclosed the value of investments made so far, but it is known that the capital allocated so far is from the 2019 and 2021 investments in OpenAI.
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A small tech startup?
Despite being a small revenue software company, OpenAI was intending to sell its shares in 2023, with a public offering of about $29 billion, according to the Wall Street Journal. It is the most valuable American tech startup on paper.
About Microsoft
Known worldwide, Microsoft, software, is considered the largest software development company in the world. Founded 45 years ago, Microsoft Corporation is listed in the programs and services sector of Nasdaq, one of the North American Stock Exchanges.
It is also part of the S&P 500 index, with one of the highest positions on the list of the 500 largest companies in the United States.
About OpenAI
OpenAI is a non-profit artificial intelligence (AI) research institution that aims to promote and develop friendly AI in such a way as to benefit humanity as a whole.
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