Happy Birthday, ChatGPT: A Year In Review Of AI's Game-Changing Conversationalist
Portfolio Pulse from Ananya Gairola
ChatGPT, OpenAI's AI-powered chatbot, celebrated its first anniversary, marking a year of significant growth and impact on the AI industry. Since its launch in November 2022, ChatGPT reached 100 million users in 64 days and had 1.7 billion visits globally by October. The latest GPT-4 version offers enhanced capabilities for a $20 monthly subscription. OpenAI's CEO Sam Altman was briefly ousted but has been reinstated, while Microsoft (NASDAQ:MSFT), holding a 49% stake in OpenAI and having invested over $10 billion, secured a non-voting observer seat on OpenAI's board.
December 03, 2023 | 5:09 pm
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Microsoft Corporation (NASDAQ:MSFT) has a significant partnership with OpenAI, holding a 49% stake and investing over $10 billion. The company secured a non-voting observer seat on OpenAI's board, reinforcing its strategic position in the AI space.
Microsoft's increased involvement with OpenAI, especially after the reinstatement of CEO Sam Altman and securing a board seat, is a positive signal for its commitment to AI technology. This could be seen as a strategic advantage, potentially boosting investor confidence in Microsoft's AI initiatives and possibly impacting its stock price positively in the short term.
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