Microsoft is making a massive multi-billion dollar investment in OpenAI, the company behind the wildly popular ChatGPT AI chatbot tool. The tech giant is pouring $10 billion into OpenAI as part of a new multi-year partnership aimed at accelerating breakthroughs in AI research and supercomputing at a time of intense competition between tech companies deploying and exploring AI technologies. The partnership will allow both companies to commercialize new AI technologies in the future. Microsoft will increase its existing cloud computing resources for OpenAI as part of the deal, building out AI supercomputing capabilities to accelerate OpenAI’s research. Microsoft is describing the partnership as a third phase of its long-term collaboration with OpenAI that began with a $1 billion investment in 2019. The two companies will remain separate but closely intertwined.
Source: https://apnews.com/article/microsoft-openai-artificial-intelligence-b5b91accc60ada508278fc1152ced186