Microsoft and OpenAI officially extend their partnership with a multi-billion investment TOU

Microsoft and OpenAI officially extend their partnership with a multi-billion investment

Discover all the Smart Security Summit on-demand sessions here.


Microsoft has finally put a ring on it: Weeks of rumors surrounding Big Tech’s hottest romance were cut short today as Microsoft and OpenAI officially announced an extended partnership with Microsoft’s new multi-billion investment in the research laboratory that launched ChatGPT less than two months ago.

In a blog postOpenAI said, “This multi-year, multi-billion dollar investment from Microsoft builds on their previous investments in 2019 and 2021, and will allow us to continue our independent research and develop increasingly safe, useful, and powerful AI.”

OpenAI remains a capped for-profit corporation governed by nonprofits

The company added that “In pursuit of our mission to ensure that advanced AI benefits all of humanity, OpenAI remains a capped profit business and is governed by the non-profit OpenAI. This structure allows us to raise the capital we need to fulfill our mission without sacrificing our core beliefs about benefit sharing and the need to prioritize safety.



OpenAI also highlighted the importance of Microsoft Azure, which Last week has made its Azure OpenAI service generally available:

Event

On-Demand Smart Security Summit

Learn about the essential role of AI and ML in cybersecurity and industry-specific case studies. Watch the on-demand sessions today.

look here

“We’ve worked together to build multiple Azure-powered supercomputing systems, which we use to train all of our models. Azure’s unique architecture design was crucial in delivering best-in-class performance and scalability for our AI training and inference workloads. Microsoft will increase its investment in these systems to accelerate our independent research, and Azure will remain the exclusive cloud provider for all OpenAI workloads in our research, APIs, and products.



The “shared ambition” of Microsoft and OpenAI

In a separate Microsoft blog postCEO Satya Nadella, who has been hailed for his early investment efforts in OpenAI, noted that the partnership was formed around a “shared ambition” to “responsibly advance cutting-edge research in the ‘AI and to democratize AI as a new technological platform”. ”

In the next phase of the partnership, he said, “developers and organizations across all industries will have access to the best AI infrastructure, models and toolchain with Azure to build and run their applications.”

The blog post also noted that the agreement “expands our ongoing collaboration across supercomputing and AI research and enables each of us to independently commercialize the resulting advanced AI technologies”, and highlights that Azure is OpenAI’s exclusive cloud provider, powering all OpenAI workloads through research, products and API services.

VentureBeat’s Mission is to be a digital public square for technical decision makers to learn about transformative enterprise technology and conduct transactions. Discover our Briefings.