ChatGPT new AI-powered features will allow users to generate text within Outlook, Word, and PowerPoint. Microsoft will also be bringing ChatGPT capabilities into Bing search to rival Google.
Microsoft has already used OpenAI’s model to improve the autocomplete feature in Microsoft Word and recommend changes to improve the readability of documents. The company has also incorporated this technology to enhance the search results along with suggested replies in Outlook.
Microsoft is also in talks to invest $10 billion in OpenAI as part of the funding that will value the firm at $29 billion. MSFT will get 75% of its profits until it recoups its initial investment. After that, Microsoft would have a 49% stake in OpenAI, with other investors taking another 49% and OpenAI’s parent nonprofit getting 2%.