Microsoft likely to reveal ChatGPT-related service at event on Tuesday - CNBC

However, shortly after the news broke, OpenAI CEO Sam Altman tweeted that he was in Redmond, Washington — home to Microsoft headquarters — and "excited" for the event tomorrow.

ChatGPT automatically generates text based on written prompts in a fashion that's much more advanced and creative than the chatbots of Silicon Valley's past.

Microsoft said the renewed partnership with OpenAI will accelerate breakthroughs in artificial intelligence and help both companies commercialize advanced technologies in the future.

Microsoft on Monday announced plans to host a news event Tuesday that could be related to the AI chatbot ChatGPT.

The company confirmed the event minutes after rival Google announced its own answer to ChatGPT, called Bard.

Microsoft's event follows the company's January announcement regarding its new multiyear, multibillion-dollar investment with ChatGPT maker OpenAI.