A bombshell dropped last night reporting that Microsoft is in talks to invest $10 billion in ChatGPT. What does this mean for investors and the competition?
Microsoft (MSFT +1.21%) is in talks to invest $10 billion in OpenAI, the owner of ChatGTP. Here is a breakdown of the news, what it means for Microsoft stock, and how it could affect competitors like Alphabet (GOOG +1.47%) (GOOGL +1.92%) and Amazon (AMZN +0.22%).
*Stock prices used were the morning prices of Jan. 10, 2023. The video was published on Jan. 10, 2023.
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