Microsoft extends OpenAI partnership in a “multibillion dollar investment”

  • 📰 verge
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 67%

Business News News

Business Business Latest News,Business Business Headlines

The investment was rumored to be $10 billion.

$10 billion into OpenAI, the creators of popular AI tools like ChatGPT and DALL-E 2.

“We formed our partnership with OpenAI around a shared ambition to responsibly advance cutting-edge AI research and democratize AI as a new technology platform,” says Microsoft CEO Satya Nadella. “In this next phase of our partnership, developers and organizations across industries will have access to the best AI infrastructure, models, and toolchain with Azure to build and run their applications.

The deal will see Microsoft increase its investments in the development and deployment of supercomputing systems to assist OpenAI’s research. The key part of the deal means that Microsoft is the exclusive cloud partner for OpenAI, and Microsoft’s cloud services will power all OpenAI workloads across products, API services, and research.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Microsoft - does this mean Cortana will be back? But smart? Because that would…

Leave it to the corpos when it comes to tone deafness and failure to read the room.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 94. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft makes new 'multibillion-dollar' investment in ChatGPT-maker OpenAIMicrosoft says it is making a “multiyear, multibillion dollar investment” in the artificial intelligence startup OpenAI, maker of ChatGPT and other tools... Nice ideas
Source: MarketWatch - 🏆 3. / 97 Read more »