Microsoft to invest $10 billion in OpenAI

As per reports, Microsoft CEO Satya Nadella has termed the partnership with OpenAI a 'shared ambition'

e4m by exchange4media Staff
Published: Jan 24, 2023 8:29 AM  | 1 min read
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Microsoft has decided to invest $10 billion in Open AI, which has been in news for its Artificial Intelligence tool ChatGPT, say media reports.

This will be Microsoft's third investment in OpenAI - after 2019 and 2021.

According to Microsoft CEO Satya Nadella, the partnership with OpenAI is a "shared ambition to responsibly advance cutting-edge AI research".

Nadella recently announced that ChatGPT will soon be coming to MS Azure’s Open AI Service.

Businesses will now be allowed to incorporate the ChatGPT into their programmes and applications as per their needs.

The announcement was viewed as Microsoft’s first step toward making ChatGPT available on its bouquet of platforms, including Bing.

Published On: Jan 24, 2023 8:29 AM