Microsoft did not disclose how much it invested in OpenAI. A Bloomberg report says Microsoft is investing $10 billion “over many years.”
What this agreement means for ChatGPT and Microsoft
“We built our partnership with OpenAI around a shared desire to advance cutting-edge AI research and democratize AI as a new technology platform,” said Microsoft’s CEO. Satya Nadella in a blog post. “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,” he added.
The deal will see Microsoft increase its investment in the development and deployment of supercomputing systems to support OpenAI research. One key part of the agreement is that Microsoft is OpenAI’s exclusive cloud partner, and that the company’s cloud services will power all OpenAI workloads across products, API services, and research.
Microsoft programs and applications that will run on OpenAI models
Microsoft also plans to deploy OpenAI models in various consumer and business products. The company is rumored to be preparing to challenge Google with the integration of ChatGPT into Bing search results. There are also reports that the company is looking to integrate language AI technology into its Word, PowerPoint and Outlook applications. Some reports also say that Microsoft could get 75 percent of OpenAI’s profits until it secures its return on investment and a 49 percent stake in the company.
OpenAI CEO in Microsoft deal
“The last three years of our collaboration have been great,” said the OpenAI CEO Sam Altman. “Microsoft shares our values and we are excited to continue our independent research and work to create advanced AI that benefits everyone.”
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