Open AI gets the third phase of investment from Microsoft

 

Microsoft announced the third phase of investment through a multiyear, multibillion-dollar to its long-term partnership with OpenAI. Microsoft didn’t give details of the new investment

This investment follows Microsoft’s previous investments in 2019 and 2021 and extends their ongoing collaboration across AI supercomputing and research work. It will help both organizations to independently commercialize the resulting advanced AI technologies.

Both organizations are focusing on –

1. Supercomputing at scale-Microsoft will increase their investment in building multiple supercomputing systems powered by Azure to accelerate Open AI independent research.
2.  Exclusive cloud provider-Azure will remain the exclusive cloud provider for all OpenAI workloads across our research, API, and products.
3. New AI-powered experiences- Learning from the real world, Microsoft deploys Open AI  technology through their API and the Azure OpenAI Service. It will help enterprises and developers to build on top of GPT, DALL·E, and Codex. They also build OpenAI’s technology into apps like GitHub Copilot and Microsoft Designer.

“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,” said Satya Nadella, Chairman and CEO, Microsoft.

“Microsoft shares our values and we are excited to continue our independent research and work toward creating advanced AI that benefits everyone,”  said Sam Altman, CEO of OpenAI.

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