Since the beginning of the year, Open AI has been a sensation. The algorithms on which the program is based give you the opportunity to talk to him as with a human. The creator of this software was even appreciated by , which invested a lot of money in OpenAI for the third time.
Microsoft has invested in OpenAI
“Microsoft today announces the third phase of our long-term partnership with OpenAI through a multi-year, multi-billion dollar investment aimed at accelerating breakthroughs in artificial intelligence to ensure these benefits are widely shared with the world,” Microsoft said on Monday.
Earlier investments took place in 2019 and 2021. They mainly concerned research on AI supercomputers. The new agreement is to “allow anyone to independently commercialize advanced AI technologies resulting from cooperation.”
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Microsoft announces the development of artificial intelligence
“The last three years of our partnership have been great. Microsoft shares our values and we are excited to continue our independent research and work toward creating advanced AI that benefits everyone,” said Sam Altman, CEO of OpenAI.
describes that Microsoft’s previous investments amounted to USD 3 billion, but – although this is unofficial data – the new contract is to amount to as much as USD 10 billion. In this way, Microsoft wants to increase its revenues and compete with companies such as Meta, which are also developing artificial intelligence.
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