Microsoft invests $1 billion in OpenAI, a platform cofounded by Elon Musk
SAN FRANCISCO and REDMOND, Wash., July 22, 2019 — Software major Microsoft led by Satya Nadella invested $1 billion in AI-based platform OpenAI.
The two companies have partnered to further extend Microsoft Azure’s capabilities in large-scale AI systems. Through this partnership, the companies will accelerate breakthroughs in AI and power OpenAI’s efforts to create artificial general intelligence (AGI). The resulting enhancements to the Azure platform will also help developers build the next generation of AI applications. The partnership covers the following:
Microsoft and OpenAI will jointly build new Azure AI supercomputing technologiesOpenAI will port its services to run on Microsoft Azure, which it will use to create new AI technologies and deliver on the promise of artificial ge...