Microsoft extends OpenAI partnership in a “multibillion dollar investment”

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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.

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