Microsoft Announces Massive $1 Billion Investment in OpenAI

Posted on July 22, 2019 by Mehedi Hassan in Cloud, Microsoft with 0 Comments

Microsoft is investing a massive $1 billion in OpenAI. The companies today announced a new partnership that will involve both the firms working together to build new AI tech and expand OpenAI’s Artificial General Intelligence (AGI) efforts. OpenAI was originally co-founded by Elon Musk in an effort to build AI systems that are safe and “benefits all of humanity“.

The investment will see OpenAI moving all of its services to Microsoft’s cloud. The company will be using Azure to create new AI tech and deliver on its AGI promises.

Both the companies will also be working together to develop new Azure AI supercomputing technologies. Microsoft will also become OpenAI’s preferred partner for commercializing new AI tech as part of the partnership.

More importantly, OpenAI and Microsoft will work together to develop a new hardware and software platform within Microsoft Azure to scale AGI. “The companies will focus on building a computational platform in Azure of unprecedented scale, which will train and run increasingly advanced AI models, include hardware technologies that build on Microsoft’s supercomputing technology, and adhere to the two companies’ shared principles on ethics and trust,” Microsoft wrote, announcing the new partnership.

“By bringing together OpenAI’s breakthrough technology with new Azure AI supercomputing technologies, our ambition is to democratize AI — while always keeping AI safety front and center — so everyone can benefit.” said Microsoft CEO Satya Nadella. The idea here is that the partnership will allow OpenAI to expand its AGI efforts while working with Microsoft to extend Azure’s AI capabilities in large-scale systems in a safe way.

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