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Microsoft is in talks to invest about $10 billion into OpenAI, the startup behind the ChatGPT chatbot, per Semafor. The investment would value OpenAI at $29 billion. Microsoft already invested $1 billion into OpenAI in 2019. The investment would value OpenAI at about $29 billion, Semafor's Liz Hoffman and Reed Albergotti reported. The Wall Street Journal reported last Thursday that OpenAI was in talks to sell existing shares of the company in a tender offer that would value the firm at $29 billion.
Google issued a "code red" in response to the rise of AI bot ChatGPT, NYT reports. CEO Sundar Pichai redirected some teams to focus on building out AI products, per the report. The move comes as talks abound over whether ChatGPT could one day replace Google's search engine. ChatGPT "is not something that people can use reliably on a daily basis," Zoubin Ghahramani, who leads the Google's A.I. Instead, Google may focus on improving its search engine over time rather than taking it down, experts told the Times.
The AI-bot ChatGPT could "disrupt" Google's business model, according to a former Google exec. Sridhar Ramaswamy told Bloomberg that ChatGPT offers a better search experience than Google. Sridhar Ramaswamy, who led Google's ad team between 2013 and 2018, said that ChatGPT could "disrupt" Google's business model by preventing users from clicking on links with ads. "It's just a better experience," Ramaswamy told Bloomberg. "The goal of Google search is to get you to click on links, ideally ads, and all other text on the page is just filler."
ChatGPT is a new chatbot that answers questions in a conversational, human-like way. People shared conversations with ChatGPT, showing it writing social media posts and explaining code. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. "We trained an initial model using supervised fine-tuning: human AI trainers provided conversations in which they played both sides—the user and an AI assistant," the website says. The human trainers would rank and rate the chatbot responses, then feed those ratings back to the chatbot so it could learn what kind of responses were wanted.
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