Microsoft Invests Billions In ChatGPT Maker OpenAI
January 23, 2023
OpenAI and Microsoft
have extended their
partnership. The
multi-year,
multi-billion dollar
investment from
Microsoft follows their
previous investments in
2019 and 2021, and will
allows independent
research and develop AI
that is increasingly
safe, useful, and
powerful.
Microsoft may have
invested as much as $10
billion.
In pursuit of our
mission to ensure
advanced AI benefits all
of humanity, OpenAI
remains a capped-profit
company and is governed
by the OpenAI
non-profit. This
structure provides
capital needed to
fulfill their mission
without sacrificing our
core beliefs about
broadly sharing benefits
and the need to
prioritize safety.
“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,” said Satya
Nadella, Chairman and CEO, Microsoft. “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 past three years of our partnership have been great,” said Sam
Altman, CEO of OpenAI. “Microsoft shares our values and we are excited
to continue our independent research and work toward creating advanced
AI that benefits everyone.”
Supercomputing
at scale – Microsoft will increase their investments in the development
and deployment of specialized supercomputing systems to accelerate
OpenAI’s groundbreaking independent AI research. They will also continue
to build out Azure’s leading AI infrastructure to help customers build
and deploy their AI applications on a global scale.
New AI-powered experiences –
Microsoft will deploy OpenAI’s models across our consumer and enterprise
products and introduce new categories of digital experiences built on
OpenAI’s technology. This includes Microsoft’s Azure OpenAI Service,
which empowers developers to build cutting-edge AI applications through
direct access to OpenAI models backed by Azure’s trusted,
enterprise-grade capabilities and AI-optimized infrastructure and tools.
Exclusive cloud provider – As
OpenAI’s exclusive cloud provider, Azure will power all OpenAI workloads
across research, products and API services.
OpenAI has developed an AI text
generator GPT-3 and the AI image generator Dall-E. OpenAI's ChatGPT
automatically generates text based on written prompts.The software has
garned the praise of tech executives and venture capitalists.
OpenAI’s founders included Sam
Altman, Tesla and SpaceX CEO Elon Musk, Greg Brockman, Ilya Sutskever,
Wojciech Zaremba and John Schulman. Musk resigned from the board in
February 2018. |