Microsoft invests billions in ChatGPT-maker OpenAI

A ChatGPT prompt is shown on a device near a public school in Brooklyn (AP)

Microsoft has said it is making a “multi-year, multibillion-dollar investment” in the artificial intelligence (AI) start-up OpenAI – the maker of ChatGPT and other tools that can write readable text and generate new images.

The tech giant described its new agreement as the third stage of a growing partnership with the San Francisco-based OpenAI that began with a one billion dollar (£806 million) investment in 2019.