Microsoft today announced that it’s extending its partnership with OpenAI. The latter will receive a multi-year, multi-billion-dollar investment from the company — the exact dollar amount wasn’t disclosed — that OpenAI says will be used to continue its independent research and “develop AI that is increasingly safe, useful and powerful.”
OpenAI will remain a capped-profit company as a part of the deal.
In a blog post, Microsoft said that it will increase its investments in the development and deployment of specialized supercomputing systems to accelerate OpenAI’s AI research and deploy OpenAI’s AI systems across its consumer and enterprise products and “introduce new categories of digital experiences built on OpenAI’s technology.” The tech giant’s Azure cloud platform will continue to be the exclusive cloud provider of OpenAI, powering all of the startup’s workloads across research, products and API services.
“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 statement. “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.”
toptechtrends.com/2023/01/23/microsoft-invests-billions-more-dollars-in-openai-extends-partnership/”>Microsoft invests billions more dollars in OpenAI, extends partnership by toptechtrends.com/author/kyle-wiggers/”>Kyle Wiggers originally published on toptechtrends.com/”>TechCrunch
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