Microsoft confirmed that it's making another multibillion-dollar investment in ChatGPT and DALl-E creator OpenAI.

While the software giant didn't disclose the exact amount, a source told The New York Times that it's $10B.

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Earlier this month, Semafor reported that Microsoft was weighing a $10B investment in OpenAI that would value the AI research lab at $29B.
Through the deal, confirmed as of today, Microsoft will add to its $3B in total investments made in OpenAI in 2019 and 2021. The two firms have renewed their partnership, which will see them collaborate further on AI technologies and products.
Since 2019, Microsoft has been the exclusive cloud partner for OpenAI, and its Azure-powered supercomputing system has been used to train all of OpenAI's machine-learning and AI models.
Microsoft said it plans to invest further in supercomputing systems and fuel new AI experiences and products. It said Azure will remain OpenAI's cloud provider for its workloads across its API, research, and products.

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Microsoft recently announced the broad availability of its Azure OpenAI Service, where cloud customers can access OpenAI tools such as GPT-3.5, Codex, DALL-E 2, and soon, ChatGPT.
Microsoft Chief Executive Satya Nadella said the company plans to incorporate AI capabilities into "every product."
The tech giant is working to bring ChatGPT's text generation abilities to Word, Outlook, PowerPoint, and other apps.
Meanwhile, San Francisco-based OpenAI is now in talks to sell some existing company shares as part of a tender offer that would value the private company at $29M. The NYT reports that the offer could total up to $300M.