By now, investors are well aware of the$13.5 billion investmentinto OpenAI byMicrosoft(MSFT)- including the $10 billion it earmarked for theartificial intelligence (AI)start-upin January 2023. That major move into AI lit a fire under Microsoft’s stock, which isup by more than 56%in ...
As with Microsoft’s previous investment in OpenAI, much of the value of the deal will take the form of Microsoft giving OpenAI the Azure cloud-computing horsepower needed to run its AI systems, said two people familiar with the deal. ...
Microsoft's $1 billion investment announced today goes to OpenAI LP (the for-profit arm), while the partnership is with the whole entity, asBloomberg notes. In Memoriam: All the consumer products Microsoft has killed off Windows How to upgrade your 'incompatible' Windows 10 PC to Windows ...
The additional detail is “not due to a change in our partnership or investment in OpenAI,” CNCB cited an email of the spokesperson. “Our partnership with OpenAI continues to deliver results, as we build differentiated IP and drive revenue momentum.” Microsoft began to invested in OpenAI in...
Thanks in large part to a $10 billion investment in OpenAI, Microsoft has spent the last few months hustling to add generative AI capabilities to its various apps and platforms. That trend continued this week at the company’s Build developer conference. ...
Of course, an investment in OpenAI is not really a play for short-term profits. A bet on OpenAI is a bet that its generative A.I. technology could override the way everyday people access the internet (Google’s management team isreportedlyworried about this possibility); it’s a bet that...
Microsoft has confirmed that it is making a "multiyear, multibillion-dollar investment" in artificial intelligence company OpenAI, best known for DALL-E image generation and the ChatGPT chatbot Al systems. The scale of the investment was not disclosed, but earlier this month it was reported that...
Today, we are announcing the third phase of our long-term partnership with OpenAI through a multiyear, multibillion dollar investment to accelerate AI breakthroughs to ensure these benefits are broadly shared with the world. This agreement follows our previous investments in 2019 and 2021. It ...
Microsoft recently announced a multibillion-dollar investment in OpenAI, solidifying ties with the startup to get the inside track on its artificial intelligence models such as ChatGPT and Dall-E, which have attracted millions of users in just months. Beyond search, Microsoft executives have said ...
With its $13 billion investment,Microsoft is OpenAI’s biggest stakeholder. Altman will be the CEO of the “new group,” Nadella said in his post. Shares of Microsoft rose about 2% in premarket trading Monday. Ad Feedback Altman’s move to Microsoft brought to an end a weekend of feverish...