Chinese tech company, Baidu, is set to release a chatbot tool powered by artificial intelligence similar to OpenAI’s ChatGPT in March.
According to a source, the application will initially be integrated into Baidu’s main search services. ChatGPT uses large amounts of data to imitate human responses to user prompts in a manner similar to a search engine or in a more creative writing style.
Microsoft has invested $1 billion in OpenAI, a San Francisco-based company, and is considering increasing its investment, according to Reuters. The company has also integrated OpenAI’s image generation software into its Bing search engine, posing a threat to Google, which is owned by Alphabet Inc.
Last week, Microsoft announced a further multi-billion dollar investment in OpenAI, strengthening its partnership with the chatbot sensation ChatGPT and intensifying competition with Alphabet Inc’s Google.
In a blog post, Microsoft announced its third phase of collaboration with OpenAI, which includes a multi-year, multi-billion dollar investment for supercomputer development and cloud computing support.
As per the blog post, both companies will have the ability to monetize the AI technology that is developed.
When asked about the details of the recent investment, a Microsoft representative declined to comment, although some media outlets had reported that the investment would be worth $10 billion.
The highly expected investment highlights the rivalry between Microsoft and Google, with the latter also preparing to reveal its own AI technology in the spring, according to a source familiar with the matter.
The investment by Microsoft came shortly after both it and Alphabet announced layoff of over 10,000 workers. Microsoft, based in Redmond, Washington, cited an upcoming recession and increased scrutiny of digital spending by clients in its layoff announcement.