It was reported today that Microsoft is considering a 49% stake in Open AI – the company behind the very successful chatbot GPT 3.
The terms of the deal are that MS will get 75% of revenues till it recoups its investment, and will then own 49% equity. 2% will be owned by the nonprofit parent of Open AI, while the other investors will share the remaining 49%.
Chat GPT will be integrated into MS Word, and other office applications.
We have to share this meme on the occasion.
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Context, some years ago, Google launched GSuite, now called Google Workspace, to get a share of the Office productivity apps market, which is currently dominated by Microsoft globally.
