Microsoft invests billions in ChatGPT maker OpenAI

Microsoft committed to investing further in OpenAI, the startup behind the highly regarded ChatGPT AI-powered chatbot, on Monday.

Microsoft described this as a “multiyear, multibillion-dollar” initiative on its official website without providing specific cash amounts. But according to recent sources, the cost of this additional investment is anticipated to be in the neighborhood of $10 billion. This increases Microsoft’s prior OpenAI expenditures, which were made in 2019 and 2021.

With an emphasis on developing supercomputing capabilities and conducting research, Microsoft’s sponsorship intends to hasten OpenAI’s groundbreaking independent AI research. Microsoft also plans to improve the Azure platform’s AI infrastructure, enabling users to develop and deploy AI applications quickly and effectively throughout the globe.

In addition, the partnership entails incorporating OpenAI models into Microsoft’s consumer and business products, enhancing their capabilities with strong AI capabilities. New digital experiences built on OpenAI’s technolo.

“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,” said Satya Nadella, chief executive officer of Microsoft. The greatest AI infrastructure, models, and toolchain will be available to developers and businesses across sectors to build and run their apps in this new chapter of our relationship, according to Azure.

Sam Altman, the CEO of OpenAI, said the three-year cooperation with Microsoft has thus far been “great,” and that his company is “excited to continue our independent research and work toward creating advanced AI that benefits everyone.”

OpenAI’s ChatGPT software, an improvement above past generations of chatbots, has shocked the IT sector. The AI tool was trained using vast amounts of web data and refined with human input to be able to respond in text form to human directions in a way that is both natural and innovative.

According to David Hickton, founding director of the University of Pittsburgh’s Institute for Cyber Law, Policy, and Security, the device “has the potential to transform society in ways perhaps even more dramatically than Amazon and the iPhone.” Nevertheless, he continued, “many are glossing over the risks that come with such a powerful advancement.”

However, there are many who don’t think highly of ChatGPT, such as Yann LeCun, Meta’s head of artificial intelligence, who recently called the tool “not particularly innovative.”

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