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Microsoft Announces Third Phase, Multibillion-Dollar Investment in OpenAI

Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Microsoft Announces Third Phase, Multibillion-Dollar Investment in OpenAI

Microsoft Announces Third Phase, Multibillion-Dollar Investment in OpenAI

Microsoft Announces , Third Phase of Multibillion-Dollar Investment , in OpenAI.

Microsoft Announces , Third Phase of Multibillion-Dollar Investment , in OpenAI.

The new phase of investment in the ChatGPT-maker was announced on Jan.

23.

While Microsoft did not reveal the exact amount of the investment.

... CNBC reports that it could potentially reach $10 billion.

Microsoft went public about its OpenAI investment in 2019, when the company became the exclusive cloud computing services provider.

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, Satya Nadella, Microsoft CEO, via CNBC.

According to AI researchers, OpenAI ranks among the top three AI labs in the world.

The company's ChatGPT is a text generator that has gone viral since its release in Nov.

.

Modern AI systems work well for the specific problem on which they’ve been trained, Joint Press Release From July 2022, via CNBC.

... but getting AI systems to help address some of the hardest problems facing the world today will require generalization and deep mastery of multiple AI technologies, Joint Press Release From July 2022, via CNBC.

OpenAI and Microsoft’s vision is for artificial general intelligence to work with people to help solve currently intractable multidisciplinary problems, Joint Press Release From July 2022, via CNBC.

... including global challenges such as climate change, more personalized healthcare and education, Joint Press Release From July 2022, via CNBC.

We believe that the creation of beneficial AGI will be the most important technological development in human history, , OpenAI Press Release From July 2022, via CNBC.

... with the potential to shape the trajectory of humanity, OpenAI Press Release From July 2022, via CNBC.

OpenAI's founding investors include Elon Musk and Sam Altman.

.

OpenAI's founding investors include Elon Musk and Sam Altman.


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Credit: Wibbitz Top Stories    Duration: 01:31Published
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Credit: Wibbitz Top Stories    Duration: 01:31Published
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Credit: Wibbitz Top Stories    Duration: 01:30Published

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Sam Altman Sam Altman CEO of OpenAI, former president of Y Combinator