Microsoft revealed on Monday that it is making another investment in OpenAI, the company behind the much-hyped AI-powered chatbot ChatGPT.
In a statement on its website, the computer giant described the move as a “multi-year, multi-billion dollar” investment, declining to offer more specific financial details. However, recent reports have suggested that Microsoft’s investment, which follows two others in 2019 and 2021, could be in the region of $10 billion.
Microsoft said the support will fuel OpenAI’s work on supercomputing and research, and will enable both companies to “independently commercialize the resulting advanced AI technologies.”
More specifically, Microsoft wants to help accelerate OpenAI’s groundbreaking independent AI research, and build out the AI infrastructure of its cloud-based Azure platform “to enable customers to build and deploy their AI applications globally.” to help.”
Microsoft also plans to deploy OpenAI’s models in consumer and enterprise products and to incorporate new digital experiences built on OpenAI’s technology.
“We built our partnership with OpenAI with a shared ambition to responsibly advance cutting-edge AI research and democratize AI as a new technology platform,” said Microsoft chief Satya Nadella. “In this next phase of our partnership, developers and organizations across industries will have access to the best AI infrastructure, models and toolchains with Azure to build and run their applications.”
OpenAI boss Sam Altman said the three-year partnership with Microsoft has been “great” so far, adding that his startup is “excited to continue our independent research and work toward creating advanced AI that benefits everyone.”
OpenAI’s ChatGPT software has taken the tech world by storm because the tool is different from traditional chatbots of the past. Trained using vast amounts of web data and refined through human feedback, AI tools are able to respond to human prompts in the form of text that is both natural and creative.
David Hickton, founding director of the University of Pittsburgh’s Institute for Cyber Law, Policy and Security, recently said that the tool “has the potential to change society perhaps more dramatically than Amazon and the iPhone,” but added that ” There are many tracking risks that come with such a powerful advancement.
Still, there are those who don’t rate ChatGPT particularly, including Yann LeCun, Meta’s chief AI scientist, who recently described the tool as “not particularly innovative.”