Microsoft Corp on Monday announced another multi-billion dollar investment in OpenAI, deepening ties with the startup behind chatbot sensation ChatGPT and setting the stage for more competition with rival Alphabet Inc’s Google.
Recently claiming a revolution in artificial intelligence (AI), Microsoft is building on a bet it made on OpenAI nearly four years ago, when it dedicated $1 billion to the startup co-founded by Elon Musk and investor Sam Altman. did.
It has built a supercomputer to power OpenAI’s technology, along with other forms of support.
Microsoft in a blog post has now announced a “third phase” of its partnership “through a multi-year, multi-billion dollar investment” that includes additional supercomputer development and cloud-computing support for OpenAI.
The blog post states that both the companies will be able to commercialize the AI technology.