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Microsoft Reportedly Investing $10 Billion In Elon Musk Co-Founded ChatGPT Creator: A conversational bot responsive to users' questions in ways that allows it to search large databases and revolutionize education
Nation and State ^ | 01/10/2023 | Tyler Durden

Posted on 01/10/2023 8:42:35 AM PST by SeekAndFind

In recent weeks, viral artificial intelligence bot ChatGPT has lit up the internet, gathering millions of users as its imitation of human conversation sparked speculation about its potential to supplant professional writers and even threaten Google’s core search business (Google's management even issued a "code red" over the potential rival, the The New York Times reported in December).

OpenAI, the organization behind it, was co-founded by Elon Musk and Silicon Valley investor Sam Altman in 2015, and makes money by charging developers to license its technology.

the first day of openai, seven years ago today pic.twitter.com/4kQUQtgb6t — Sam Altman (@sama) January 4, 2023

And now, Semafor reports that Microsoft is in discussions to invest as much as $10 billion in OpenAI, valuing the company at $29 billion.

ChatGPT is a conversational bot responsive to users' questions in ways that allows it to search large databases and to create well-formed essays, legal briefs, poetry in the form of Shakespeare, computer code, or lyrics in the form of Rogers and Hammerstein, to name a few.

As part of the current deal Microsoft is negotiating, it's proposing to get 75% of OpenAI's profits until it gets it recovers its investment, after which Microsoft's aims to get 49% stake in the company, per the media outlet.

Other investors are expected to own another 49% of the company, while OpenAI's nonprofit parent would hold the remaining stake, per Semafor.

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 (the company is currently valued around $20 billion).

Venture capital firms including Thrive Capital and Founders Funds were in talks to invest at least $300 million in the share sales, according to the Journal.

Bloomberg reports that Microsoft has previously invested about $1 billion in OpenAI.

It’s also working to add ChatGPT to its Bing search engine, seeking an edge on Alphabet’s dominant search offering.

The bot is capable of responding to queries in a natural and humanlike manner, carrying on a conversation and answering follow-up questions, unlike the basic set of links that a Google search provides.

So, is Microsoft about to 'bail out' Musk's Twitter bridge loan?


TOPICS: Business/Economy; Computers/Internet; Science; Society
KEYWORDS: ai; chatgpt; elonmusk; microoft

1 posted on 01/10/2023 8:42:35 AM PST by SeekAndFind
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To: SeekAndFind

Sounds like a fact-checker.


2 posted on 01/10/2023 8:51:29 AM PST by E. Pluribus Unum (The worst thing about censorship is ████ █ ██████ ███████ ███ ██████ ██ ████████. FJB.)
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To: SeekAndFind

3 posted on 01/10/2023 8:53:04 AM PST by TexasGator (!!!)
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To: E. Pluribus Unum

Another new overlord.


4 posted on 01/10/2023 8:56:01 AM PST by Golden Eagle (The LGBT indoctrination agenda is designed to outlaw the Bible, and anyone who follows it.)
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To: SeekAndFind

I tried it and was not very impressed. Any controversial question you ask it is answered fairly generically + with a disclaimer of sorts.


5 posted on 01/10/2023 9:02:59 AM PST by rbg81
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To: SeekAndFind

Harrison Smith on infowars banned.video said he tested this ChatGPT chatbot. Said he started a political discussion and it was super creepy. Said it was really good but that in no time at all it was -exactly- like arguing with a progressive.


6 posted on 01/10/2023 9:05:57 AM PST by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up..)
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To: SeekAndFind

i don’t recall sci fi authors going on the assumptions that AI would in fact be programmed to lie and deceive as a fundamental part of its creation.

marc andreesen has posted a lot involving chatgpt, including how it is incrementally being updated to lie about things as it is found to be telling too much truth.

one recent one involved it no longer being able to discuss benefits of fossil fuel use.

one can only imagine how it would respond to a question about statistical anomolies in the 2020 election.

another poster had asked it some sophisticated physics questions - it actually fabricated citations and created a non-existent physical property which surely would have fooled anyone not very on top of that area.


7 posted on 01/10/2023 9:09:17 AM PST by WoofDog123
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To: rbg81

I suspect it will be like Wikipedia. If you want to know about the composition of water, it’ll be accurate. If you ask about the origin of covid or whether the 2020 election was stolen, if Trump has Nazi tendencies etc… it’ll go hard left wing.


8 posted on 01/10/2023 9:09:41 AM PST by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up..)
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To: SeekAndFind

I tried it yesterday. I’m completely unimpressed. Asked it about a specific engineering calculation. It’s response was okay, but lacking. I asked several follow-ups. After each follow-up, it agree and modified it’s response. Basically, I had to ask leading questions to get it to draw in to the answer because it couldn’t get there on it’s own.


9 posted on 01/10/2023 9:10:56 AM PST by rigelkentaurus
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To: DesertRhino

Yup. And now that Microsoft is investing big bucks in it, you can kiss goodbye any kernel of right-leaning truth it might have provided. Especially when it comes to vaccines.


10 posted on 01/10/2023 9:12:37 AM PST by rbg81
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To: SeekAndFind

Read this

https://market-ticker.org/akcs-www?blog=Market-Ticker#google_vignette


11 posted on 01/10/2023 9:15:45 AM PST by Captain Peter Blood
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To: rigelkentaurus

ChatGPT is much more than just responding to questions.


12 posted on 01/10/2023 9:36:16 AM PST by TexasGator (!!!)
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To: Captain Peter Blood

What does this have to do with the topic of this thread?


13 posted on 01/10/2023 9:40:30 AM PST by SeekAndFind
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To: SeekAndFind

Read the entire article, it gets in to the topic of the thread.


14 posted on 01/10/2023 9:44:19 AM PST by Captain Peter Blood
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To: Captain Peter Blood

OK, now I see it. You should have referenced this link instead:

https://market-ticker.org/akcs-www?post=247817


15 posted on 01/10/2023 9:46:24 AM PST by SeekAndFind
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To: rbg81

I also had a problem with it failing to provide citations. When pressed, it said, to paraphrase, “I made my conclusions based on the big, very very big volume of text provided to me by my developers.” This is not a tool for serious or even semi-serious research, even worse than Google. It might be a useful tool for looking smart on essays, until people catch on.

That being said, it has a very sophisticated ability to interpret sentences in context. But it made a total hash of things if I intentionally misspelled a word or two, in ways that actual humans would easily make sense of.


16 posted on 01/10/2023 9:47:00 AM PST by rightwingcrazy (;-,)
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To: SeekAndFind
And I was reading yesterday that ChatGPT is popularly being used as a malware/ransomware code “writer”, as in, lowlifes with basically no technical expertise are currently asking it to write malware and ransomware code.

Wonderful creation we have here....

17 posted on 01/10/2023 10:01:15 AM PST by Pox (Eff You China. Buy American!)
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To: SeekAndFind

Not a code red. https://www.youtube.com/watch?v=aa80_sKNgM4


18 posted on 01/10/2023 10:07:43 AM PST by pas
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To: rbg81

A robot, programmed to say “safe and effective”.


19 posted on 01/10/2023 10:53:37 AM PST by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up..)
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To: SeekAndFind

IMHO, ChatGPT is probably the most dangerous software out there.
It allows just about anyone to become a hacker or internet stalker without any professional training.


20 posted on 01/10/2023 12:14:50 PM PST by Zathras
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