Microsoft announces new multibillion-dollar investment in ChatGPT-maker OpenAI

  • 📰 CNBC
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Microsoft this week announced a new multiyear, multibillion-dollar investment with ChatGPT-maker OpenAI.

Microsoft declined to provide a specific dollar amount, butThe deal marks the third phase of the partnership between the two companies, following Microsoft's previous investments in 2019 and 2021. Microsoft said the renewed partnership will accelerate breakthroughs in AI and help both companies commercialize advanced technologies in the future.

"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," Microsoft CEO Satya Nadella said in a blog post.Microsoft backed OpenAI with $1 billion , and the investment made Microsoft the "exclusive" provider of cloud computing services to OpenAI. Microsoft said Monday that Azure will continue to serve as OpenAI's exclusive provider.

Microsoft's investment will also help the two companies engage in supercomputing at scale and create new AI-powered experiences, the release said.

 

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

Camden NJ POLICE REFORM IS A MODEL FOR OTHERS. THEY FORMED A NEW COLLATERAL DEPARTMENT HIRED GOOD OFFICERS AND ENFORCE UNION AGREED DISCIPLINE TO KEEP EVERYONE GOOD. LOTS OF COMMUNITY INVOLVEMENT TOO!

With rise in population ..humans are becoming lonely..

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:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines