Microsoft Considers $10 Billion Investment in ChatGPT Creator

One million users in less than a week

Microsoft Corp. is in discussions to invest as much as $10 billion in OpenAI, the creator of viral artificial intelligence bot ChatGPT, according to people familiar with its plans. The proposal under consideration calls for the Redmond, Washington-based software giant to put the money in over multiple years, though the final terms may change, the people said, asking not to be named discussing a private matter. The two companies have been discussing the deal for months, they added.

The potential investment would involve other venture firms and could value OpenAI at about $29 billion, citing people familiar with the talks. Documents sent to investors had targeted end-2022 for a deal closing, it added.
ChatGPT has lit up the internet since launching at the end of November, gathering its first million users in less than a week. Its imitation of human conversation sparked speculation about its potential to supplant professional writers and even threaten Google’s core search business. The organization behind it, co-founded by Elon Musk and Silicon Valley investor Sam Altman, makes money by charging developers to license its technology.

https://www.bloomberg.com/

Artists say AI image generators are copying their style to make thousands of new images

The move is completely out of their control

OpenAI, a company founded by Elon Musk, just made its DALL-E image generator open to the public. Artists say they work for years on their portfolios and people can now make copycat images in seconds. But some AI companies argue that the new artworks are unique and can be copyrighted.

Greg Rutkowski is an artist with a distinctive style: He’s known for creating fantasy scenes of dragons and epic battles that fantasy games like Dungeons and Dragons have used. He said it used to be “really rare to see a similar style to mine on the internet.” Yet if you search for his name on Twitter, you’ll see plenty of images in his exact style — that he didn’t make. Rutkowski has become one of the most popular names in AI art, despite never having used the technology himself.

People are creating thousands of artworks that look like his using programs called AI-image generators, which use artificial intelligence to create original artwork in minutes or even seconds after a user types in a few words as directions. Rutkowski’s name has been used to generate around 93,000 AI images on one image generator, Stable Diffusion — making him a far more popular search term than Picasso, Leonardo Da Vinci, and Vincent van Gogh in the program.

https://www.businessinsider.com