Love it or hate it- AI content creation tools are here to stay, and are likely to become a more mainstream element in many common tools – probably a lot faster than you might think.
Today, Semafor has reported that Microsoft is finalizing a deal to invest $10 billion into OpenAI, the maker of DALL-E and ChatGPT, two of the most buzzy AI tools currently available to the public.
The tech giant has already invested $1 billion into OpenAI, as part of the company’s initial funding round back in 2019, and now, the software giant is looking to take a significant ownership stake.
That could mean in the future these tools will be integrated into Microsoft’s 365 suite or into the search engine Bing, which could spark a new battle for AI integration into Search tools.However it’s competitor in that field, Google, has said that it won’t be looking to integrate AI tools into its search systems at this stage, due to the potential for errors in the produced results.
Under the terms of the arrangement, Microsoft would will reportedly get a 75% share of OpenAI’s profits until it makes back the money on its investment, after which Microsoft would then assume a 49% stake in OpenAI. The deal would value OpenAI at $29 billion.
Whatever happens, it is clear this is a significant endorsement of the potential of AI tools, which are already becoming a valuable facilitator of many simple tasks, and creation processes for many users.
