Microsoft Extends Partnership With OpenAI, Invests More Billions of Dollars

Microsoft has extended its partnership with OpenAI, the company behind ChatGPT.

The new multi-year deal will see OpenAI get an undisclosed multi-billion-dollar investment from Microsoft.

OpenAI intends to use the investment to bolster 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.

Microsoft’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.

Leave a Reply

Your email address will not be published.