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 2.33%) 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 +0.12%) (GOOGL +0.38%) and Amazon (AMZN 2.04%).
*Stock prices used were the morning prices of Jan. 10, 2023. The video was published on Jan. 10, 2023.
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.