Artificial Intelligence

Microsoft Extends Partnership With OpenAI

Today, Microsoft has officially announced a long-term partnership with OpenAI, solidifying their commitment to advancing AI technology. This strategic collaboration involves a multiyear, multibillion-dollar investment by Microsoft.

The news comes after much speculation about Microsoft’s plans to invest in OpenAI and expand the reach of AI technology to benefit society.

One of OpenAI’s remarkable achievements is the creation of ChatGPT (Generative Pre-trained Transformer), a chatbot that has captivated the industry since its launch on November 30, 2022.

In a previous article, we covered OpenAI and even explored how to create a ChatGPT application using their technology.

If you want to learn more, check out the link below 👇

Microsoft and OpenAI have previously partnered, with Microsoft making substantial investments to support the development of advanced AI technologies and the establishment of AI supercomputing capabilities. This continued collaboration aims to drive innovation in areas such as natural language processing, computer vision, and reinforcement learning.

This latest agreement builds upon Microsoft and OpenAI’s previous investments in 2019 and 2021. It further deepens their shared commitment to advancing AI research and enables both parties to independently commercialize the outcomes of their technological advancements.

Supercomputing at scale

Through this extended partnership, Microsoft is investing in OpenAI to enhance the development and deployment of supercomputing systems. Together, they will also enhance Azure’s AI infrastructure, providing users with improved capabilities to build and deploy AI applications on a wider scale.

New AI-powered experiences

Microsoft will leverage OpenAI’s technology to enhance user experiences across various products, including development and deployment functionalities, among others.

Exclusive cloud provider

With OpenAI as its exclusive cloud provider, Azure will power all OpenAI workloads related to research, products, and API services.

“The past three years of our partnership have been incredible,” says OpenAI CEO Sam Altman. “Microsoft shares our values, and we are excited to continue our independent research and work towards creating advanced AI that benefits everyone.”

In 2020, Microsoft acquired an exclusive license for the underlying technology behind GPT-3, following their $1 billion investment in OpenAI in 2019. Their collaboration has also led to plans of incorporating OpenAI’s DALL-E 2 AI text-to-image model into Bing.

To learn more about this partnership, you can visit Microsoft’s official blog post here.

At Skrots, we also believe in the power of AI and its ability to transform industries and create new opportunities. We offer various AI-related services, including natural language processing, image recognition, and machine learning model development.

To learn more about how Skrots can help your business harness the power of AI, visit our website at https://skrots.com. Also, you can explore all the services we provide at https://skrots.com/services.

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