Today, Microsoft announced a major new investment of $10 billion in OpenAI, the San Francisco-based artificial intelligence research lab and creator of the popular ChatGPT technology.
The investment is part of a strategic partnership between Microsoft and OpenAI, which will see the two companies collaborating closely on the development of AI technology. Microsoft is also taking a major stake in OpenAI, which will give the company a say in the company’s operations.
The investment is a major vote of confidence for OpenAI, which has been working on ChatGPT technology for the past several years. The technology is designed to enable machines to communicate with humans in natural language, and it has already been used in a number of applications, from customer service bots to virtual assistants.
Microsoft CEO Satya Nadella said the investment is part of the company’s commitment to advancing AI technology. “This investment will enable OpenAI to further our world-leading AI research and create new tools and applications that will benefit our customers and the world,” he said.
OpenAI CEO Sam Altman said the investment will help the company accelerate its work in developing AI technology. “We are thrilled to have Microsoft as a partner in our mission to ensure that the benefits of AI are available to everyone,” he said.
The news of Microsoft’s investment in OpenAI has been met with enthusiasm in the AI community, with many praising the move as a sign of the company’s commitment to advancing AI technology.
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