Microsoft announces multibillion-dollar investment in ChatGPT creator OpenAI

Microsoft has announced a “multibillion-dollar” investment in OpenAI, whose artificial intelligence tool ChatGPT has overwhelmed the users and servers. The platform garnered more than 1 million users within its first week.

ChatGPT is an AI-powered chatbot allowing users to hold human-like conversations with an AI, answering follow-up questions, challenging incorrect premises, and rejecting inappropriate requests. GPT stands for Generative Pre-trained Transformer, a language processing model developed by the American artificial intelligence company OpenAI.

Microsoft and OpenAI partnership – Microsoft is reportedly investing as much as $10 billion in OpenAI this time round. The deal marks the third phase of the partnership between the two companies, following Microsoft’s previous investments in 2019 and 2021. Microsoft said the renewed partnership would accelerate breakthroughs in AI and help both companies independently commercialize advanced technologies in the future.

“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,” Microsoft CEO Satya Nadella said in a blog post.

OpenAI and Microsoft have worked together to build multiple supercomputing systems powered by Microsoft’s Azure platform. Sam Altman, CEO of OpenAI, said “Microsoft shares our values and we are excited to continue our independent research and work toward creating advanced AI that benefits everyone.” OpenAI is an AI research and deployment company that aims to ensure that artificial general intelligence benefits all of humanity.

The two companies have also partnered to develop multiple AI supercomputing systems at a massive scale. OpenAI has used this infrastructure to train its breakthrough models, which are now deployed in Azure OpenAI Service and enabled developers to build on top of GPT, DALL·E, and Codex. 

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