Microsoft Makes Multibillion Dollar Investment in ChatGPT-Maker OpenAI

The company first invested in the AI lab back in 2019.

Tech
4,960 Hypes 3 Comments

Microsoft has announced a multiyear, multibillion-dollar investment in the artificial intelligence research lab OpenAI. The company described the investment as the “third phase” of its long-running partnership with OpenAI.

OpenAI is most well known for creating the widely-popular AI chatbot, ChatGPT, which launched last November.

Microsoft previously invested in the lab in 2019 and 2021 but this latest investment marks the largest to date. While Microsoft didn’t reveal an exact dollar amount, it was previously reported by Semafor that the company could be investing up to $10 billion USD.

The company said that the investment will build on its “ongoing collaboration across AI supercomputing and research and enables each of us to independently commercialize the resulting advanced AI technologies.”

With the investment, Microsoft wants to speed up OpenAI’s research and development of new AI. It also plans to utilize OpenAI’s systems across its own commercial products to provide “new categories of digital experiences.”

OpenAI and Microsoft already work together on Azure, a service that gives developers access to tools to build AI applications.

“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,” Microsoft CEO Satya Nadella said. “In this next phase of our partnership, developers and organizations across industries will have access to the best AI infrastructure, models, and toolchain with Azure to build and run their applications.”

In other tech news, watch Boston Dynamics’ Atlas robot work construction.

Read Full Article

What to Read Next

Artificial Intelligence Designed These Dainty Nike Sneakers
Footwear

Artificial Intelligence Designed These Dainty Nike Sneakers

Imagining a world of intricate lace-clad and floral Air Force 1s, AM95s, AM97s, Vapormaxs, and more.

Microsoft’s New AI Technology Can Mimic Anyone’s Voice Based on a 3-Second Sample
Tech

Microsoft’s New AI Technology Can Mimic Anyone’s Voice Based on a 3-Second Sample

VALL-E was trained on audio from over 7,000 English language speakers.

Microsoft Plans to Lay Off 10,000 Employees, Citing Concerns of Economic Downturn
Tech

Microsoft Plans to Lay Off 10,000 Employees, Citing Concerns of Economic Downturn

Cutting a little less than 5% of its overall workforce.


Microsoft Claims Sony Has Better Exclusives in Latest Plea to the UK
Gaming

Microsoft Claims Sony Has Better Exclusives in Latest Plea to the UK

As part of the company’s continued attempt to acquire Activision Blizzard.

Guillaume Delvigne Crafts Colorful Cork Furniture Collection
Design

Guillaume Delvigne Crafts Colorful Cork Furniture Collection

Inspired by a Henri Matisse painting.

UNIFORME FW23 Does Essentials Right
Fashion

UNIFORME FW23 Does Essentials Right

Monochromatic looks meet oversized knits, and camouflage makes a return.

Casen Sullivan Reworks a Lounge Chair for Bombay Sapphire’s Through the Looking Glass Series
Design 

Casen Sullivan Reworks a Lounge Chair for Bombay Sapphire’s Through the Looking Glass Series

Presented by Bombay Sapphire
The artist puts a playful spin on an everyday object, embracing Bombay Sapphire’s creative spirit.

A Union LA x Air Jordan 1 KO Low With Leather Uppers Has Surfaced
Footwear

A Union LA x Air Jordan 1 KO Low With Leather Uppers Has Surfaced

Detachable Swooshes come in sultry suede navy and green colorways.

Jehucal Prepares for "Daily Coffee" With Its Latest Collection
Fashion 

Jehucal Prepares for "Daily Coffee" With Its Latest Collection

The London-based brand presents a new varsity jacket, tracksuit, and a selection of accessories.


The New Honda Civic Type R Is Two Steps Back, Three Steps Forward
Automotive

The New Honda Civic Type R Is Two Steps Back, Three Steps Forward

Returning to what the Type R badge used to mean.

Pharrell's Humanrace and adidas Originals Debut the NMD S1 MAHBS
Footwear

Pharrell's Humanrace and adidas Originals Debut the NMD S1 MAHBS

Its canvas upper build comes emblazoned with bold and oversized Humanrace branding.

A Closer Look at Mercedes-Maybach’s Showstopping Haute Voiture Design
Automotive 

A Closer Look at Mercedes-Maybach’s Showstopping Haute Voiture Design

Presented by Mercedes
Imitating high-fashion stylings in the new S 680 edition.

System Studios' FW23 “Returning Legacy” Collection Looks Back at Its 32-Year History
Fashion

System Studios' FW23 “Returning Legacy” Collection Looks Back at Its 32-Year History

The brand presents oversized garments frozen in time that channel its lengthy heritage in diverse ways.

Nina Lee Has Mastered Artist Publicity
Music 

Nina Lee Has Mastered Artist Publicity

From writing to planning schedules and executing GRAMMY campaigns, the Senior Director of Communications at The Oriel Company has dozens of job descriptions — all of which are fulfilling.

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Looks like you’re using an ad-blocker

We charge advertisers instead of our readers. Support us by whitelisting our site.

Whitelist Us

How to Whitelist Us

screenshot
  1. Click the AdBlock icon in the browser extension area in the upper right-hand corner.
  2. Under “Pause on this site” click “Always”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlock Plus icon in the browser extension area in the upper right-hand corner.
  2. Block ads on – This website” switch off the toggle to turn it from blue to gray.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlocker Ultimate icon in the browser extension area in the upper right-hand corner.
  2. Switch off the toggle to turn it from “Enabled on this site” to “Disabled on this site”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the Ghostery icon in the browser extension area in the upper right-hand corner.
  2. Click on the “Ad-Blocking” button at the bottom. It will turn gray and the text above will go from “ON” to “OFF”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the UBlock Origin icon in the browser extension area in the upper right-hand corner.
  2. Click on the large blue power icon at the top.
  3. When it turns gray, click the refresh icon that has appeared next to it or click the button below to continue.
screenshot
  1. Click the icon of the ad-blocker extension installed on your browser.You’ll usually find this icon in the upper right-hand corner of your screen. You may have more than one ad-blocker installed.
  2. Follow the instructions for disabling the ad blocker on the site you’re viewing.You may have to select a menu option or click a button.
  3. Refresh the page or click the button below to continue.