US tech giant Microsoft is making a multiyear, $US10 billion worth investment in ChatGPT-maker OpenAI as part of the third phase of their long-term partnership and work toward creating advanced AI that benefits everyone, the company announced.
ChatGPT, the artificial intelligence tool that has lit up the internet since its introduction in November, has touched off a fresh debate over the role of AI in the workplace – creating a stir across the internet with its writing ability and responses to requests – and amassed more than a million users within days.
Per Microsoft, the latest investment in the company – which follow previous investments made in 2019 ($1 billion) and 2021- aims at accelerating AI breakthroughs and ensuring the benefits are broadly shared with the world.
The company also said that on top of extending the ongoing collaboration across AI supercomputing and research, the new investment enables both companies to independently commercialize the resulting advanced AI technologies.
Microsoft chairman and chief executive Satya Nadella said that their partnership with OpenAI is based on the shared ambition to democratize AI as a new technology platform and responsibly advance cutting-edge AI research.
In this next phase of the partnership, OpenAI’s models will be deployed by Microsoft across its consumer and enterprise products and the company also plans to introduce new categories of digital experiences built on OpenAI’s technology.
Meanwhile, Microsoft’s cloud computing service Azure, which works closely with OpenAI, will build and run the applications of the developers and organizations across industries that have access to the best AI infrastructure, models, and toolchain.
Microsoft has committed to building Azure into an AI supercomputer for the world since 2016, using it as the foundation of its vision to democratize AI as a platform.
In 2020, Microsoft and OpenAI announced one of the top five publicly disclosed supercomputers in the world, pushing the frontier of cloud supercomputing technology, Hosted in Azure, the supercomputer was designed specifically to train the company’s AI models.
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