Microsoft invests billions in ChatGPT firm OpenAI after announcing axing of 10 000 workers | Business

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Microsoft invests billions in ChatGPT firm OpenAI after announcing axing of 10 000 workers | Business
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Microsoft on Monday said it had extended its partnership with OpenAI, the research lab and creator of ChatGPT, an artificial intelligence chatbot that has sparked widespread fears of cheating in schools and universities. | News24_Business

In a company blog post tweeted by CEO Satya Nadella, the tech giant announced a"multiyear, multibillion dollar investment to accelerate AI breakthroughs" that would be"broadly shared with the world."

With teachers alarmed by its ability, ChatGPT is banned in universities and school districts - including in New York City and Washington DC - and has sparked nervous debates about the future of office work.

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