Microsoft extends OpenAI partnership in a ‘multibillion dollar investment’

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Microsoft has inked a new deal with OpenAI to continue its long-term partnership. The deal will mean Microsoft is OpenAI’s exclusive cloud provider.

Microsoft says it’s extending its long-term partnership with OpenAI through a new “multiyear, multibillion dollar investment.” The investment comes just weeks after Microsoft was rumored to be investing $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.

Microsoft is rumored to be preparing to challenge Google with ChatGPT integration into Bing search results, and the company is reportedly looking at integrating some language AI technology into its Word, PowerPoint, and Outlook apps. Microsoft isn’t disclosing exactly how much it has invested in OpenAI, but the company has been looking to use its close relationship to further commercialize its Azure OpenAI service.

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