Microsoft Bets Big on OpenAI, Investing $13B as AI Startup's Valuation Soars Past $80B
• Microsoft has invested $13 billion into OpenAI over recent years • OpenAI concluded a deal valuing the company at $80 billion or more • The deal allows executives and employees to sell shares at a favorable price • OpenAI made headlines with the launch of ChatGPT in late 2022 • OpenAI recently launched a new AI tool named Sora that creates realistic videos