Microsoft said it will lead to advancements in AI supercomputing and research, and enable both firms to commercialize the resulting AI technologies.
Microsoft revealed on Monday that it’s making a further investment in OpenAI, the company behind the much-talked-about AI-powered chatbot ChatGPT.
In a statement on its website, the computer giant described the move as a “multiyear, multibillion dollar” investment, declining to offer more specific financial details. Recent reports, however, have suggested that Microsoft’s investment, which follows two others in 2019 and 2021, could be worth in the region of $10 billion.
Microsoft said the support will boost OpenAI’s work on supercomputing and research, and will enable the two companies to “independently commercialize the resulting advanced AI technologies.”
More specifically, Microsoft wants to help accelerate OpenAI’s groundbreaking independent AI research, and build out the AI infrastructure of its cloud-based Azure platform “to help customers build and deploy their AI applications on a global scale.
