Microsoft invests more in OpenAI
Microsoft has extended its partnership with OpenAI, announcing an additional “multiyear, multibillion-dollar” investment in the San Francisco artificial intelligence lab behind the experimental online chatbot ChatGPT.
The two companies did not disclose the specific financial terms of the deal.
Previously, Microsoft was in talks to invest $10 billion in OpenAI, according to a person familiar with the matter.
With the new deal, the tech giant hopes to remain at the forefront of generative artificial intelligence — technologies that can generate text, images and other media in response to short prompts. After its surprise release at the end of November, ChatGPT — a chatbot that answers questions in clear, wellpunctuated prose — became the symbol of this new and more powerful wave of AI.
The fruit of more than a decade of research inside companies like OpenAI, Google and Meta, these technologies are poised to remake everything from online search engines to photo and graphics editors like Photoshop.