value of investment
Microsoft hasn’t disclosed how much it has invested in OpenAI. A Bloomberg report claimed that Microsoft is investing $10 billion over “multiple years”.
What this deal means for ChatGPT and Microsoft
“We formed our partnership with OpenAI with a shared ambition to advance cutting-edge AI research and democratize AI as a new technology platform,” said the Microsoft 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 toolchains 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 aid in OpenAI’s research. A key part of the deal is that Microsoft is the exclusive cloud partner for OpenAI, and that the company’s cloud services will power all OpenAI workloads across products, API services and research.
Microsoft programs and apps to follow OpenAI’s model
Microsoft also plans to deploy OpenAI’s model in a variety of consumer and enterprise products. The company is preparing to challenge Google with ChatGPT integration in Bing search results. There are also reports that the company is looking at integrating some language AI technology into its Word, PowerPoint and Outlook apps. Some reports also claim that Microsoft could receive 75 percent of OpenAI’s profits until it gets its investment returns and a 49 percent stake in the company.
OpenAI CEO on Microsoft deal
“The past three years of our partnership have been great,” says OpenAI CEO. Sam Altman, “Microsoft shares our values and we are excited to continue our independent research and work toward creating advanced AI that benefits everyone.”
See also:
Is ChatGPT the killer of Google? , OpenAI ChatGPT