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Home Financial insights

Microsoft insiders expect Bing search engine relaunch with ChatGPT maker OpenAI technology to be announced at Tuesday’s event

by newshub
7 February 2023
in Financial insights
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Microsoft insiders expect Bing search engine relaunch with ChatGPT maker OpenAI technology to be announced at Tuesday’s event
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  • Microsoft is holding an event Tuesday to “share some progress on a few exciting projects with Satya Nadella and others.”
  • Insiders are expecting the company to unveil a relaunch of the company’s Bing search engine with technology from OpenAI.
  • Alphabet CEO Sundar Pichai announced in a blog post on Monday announced its own chatbot called “Bard.”

Microsoft insiders expect the company to unveil a relaunch of the company’s Bing search engine with technology from OpenAI — maker of the much-hyped chatbot tool ChatGPT that answers questions with surprising detail — during an event at the company’s headquarters on Tuesday. 

Microsoft is holding the event to “share some progress on a few exciting projects with Satya Nadella and others,” according to an invite sent out last week. The company asked attendees to keep the invite confidential but lifted the restriction after Alphabet CEO Sundar Pichai announced in a blog post on Monday that its own chatbot called “Bard” will become available to the public in a few weeks.

Soon after, OpenAI CEO Sam Altman tweeted a photo with Microsoft CEO Satya Nadella, suggesting the event is OpenAI-related. Microsoft declined to comment. 

Microsoft insiders say the company plans to use a newer version of the AI behind ChatGPT to provide users with answers to some searches, as suggested in recent news reports from the Information and Semafor.

Whereas GPT-3 — the language model on which ChatGPT is built — has 175 billion parameters, GPT-4 is expected to have 100 trillion parameters. “You can imagine how much more powerful it will be,” one Microsoft insider who worked on the company’s OpenAI partnership said. “It will fundamentally alter things like search.”

Microsoft recently announced a new “multibillion-dollar” investment in OpenAI, following previous investments in 2019 and 2021. The latest investment was said to be $10 billion. A person familiar with the terms of the 2019 deal said the investment included a commitment from OpenAI to be repaid through spending on Microsoft’s Azure cloud. The terms of the latest deal are unclear.

Source: I N S I D E R

Tags: BingChatGPTOpenAITueasday event
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