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The hottest startup in Silicon Valley right now is OpenAI, the Microsoft-backed developer of ChatGPT, a highly touted chatbot that can write a poem, a college essay, or even software code.

Tesla magnate Elon Musk was an early investor in OpenAI, and Microsoft is reportedly in talks to make an initial investment of between $1 billion and $10 billion, aiming to challenge Google’s world-dominant search engine.

If agreed, the cash injection by the Windows maker would total $29 billion for OpenAI, a rare success in the tech world at a time when major players such as Amazon, Meta and Twitter are cutting costs and laying off workers. employees.

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