DALL-E 2

Microsoft deepened its high-stakes relationship with OpenAI. The tech giant confirmed rumors that it is boosting its investment in the research lab that created the ChatGPT large language model and other AI innovations.

Pictures produced by AI went viral, stirred controversies, and drove investments. A new generation of text-to-image generators inspired a flood of experimentation, transforming text descriptions into mesmerizing artworks and photorealistic fantasies.

The generative gold rush is on. Venture capitalists are betting hundreds of millions of dollars on startups that use AI to generate images, text, and more, Wired reported.