Microsoft Corp. is investing $10 billion in OpenAI, whose artificial intelligence tool ChatGPT lit up the internet since its introduction in November, amassing more than a million users within days and touching off a fresh debate over AI in the workplace.
Today, Microsoft announced a further multibillion dollar investment in OpenAI, deepening ties with the startup behind the chatbot ChatGPT. This is part of Microsoft’s larger effort to invest $10 billion in OpenAI, which was created in 2015 by a small group of entrepreneurs and artificial intelligence researchers.
OpenAI is an AI research and deployment company whose mission is to ensure that artificial general intelligence benefits all of humanity. With this new investment from Microsoft, OpenAI will be able to continue its work towards achieving this goal.
The partnership between Microsoft and OpenAI has been growing since 2019 when the two companies first announced their collaboration. This latest investment will help OpenAI expand its research capabilities and develop more advanced AI systems for use in various industries.
This news is exciting for both Microsoft and OpenAI as it signals a continued commitment to advancing artificial intelligence technology for the benefit of all humanity.
Azure, a cloud service from Microsoft, collaborates closely with OpenAI. Microsoft invested $1 billion in OpenAI in July 2019, making Microsoft the “sole” supplier of cloud computing services to OpenAI. Microsoft declared that Azure would continue to be the sole supplier of OpenAI.
This marks an exciting milestone in the partnership between Microsoft and OpenAI: a new multibillion-dollar investment that will support OpenAI’s research into innovative AI solutions. This is the third phase of their collaboration, following successful investments in 2019 and 2021. With this additional capital, both companies will be able to further their developments in advanced technologies such as ChatGPT that have great potential to revolutionize the way we interact with technology. This unique partnership between two tech giants is sure to make waves for years to come – watch this space for more groundbreaking news about their game-changing research. See also: Educators Raise Concerns Of New AI Program Allowing Students To Cheat