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Microsoft betting $10 billion on viral AI bot ChatGPT, says report
Microsoft is in discussions to invest as much as $10 billion in OpenAI, the creator of viral artificial intelligence (AI) 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. Semafor earlier reported that the potential investment would involve other venture firms and could value OpenAI at about $29 billion, citing people familiar with the talks.
TGBL joins hands with PMC to extract clean, green hydrogen from waste
The GreenBillions Limited (TGBL) joined hands with The Pune Municipal Corporation (PMC) to set up its first plant in India to extract green hydrogen from biomass and municipal solid waste. This project aims to demonstrate the technological and financial feasibility of waste to hydrogen generation.
The GreenBillions specialises in consulting, managing, and executing sustainable initiatives. TGBL deals with environment-friendly products and solutions. The company is currently investing in setting up plants that can extract clean and green hydrogen from biomass, water, and municipal solid waste.
The upcoming plant in Pune will be managed by its wholly-owned subsidiary Variate Pune Waste to Energy Pvt. Ltd. (VPWTEPL). The company will also utilise the municipal waste of 350 tonne per day (TPD) of Pune to generate hydrogen for a period of 30 years, said TGBL in a statement. Refuse derived fuel (RDF) extracted from the waste would later be used to generate hydrogen with the help of Plasma gasification technology. The waste will comprise biodegradable, non-biodegradable and domestic hazardous waste and would be segregated at the TheGreenBillions’s facility in Pune using optical sensor technology.
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