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Microsoft makes significant investments in ChatGPT-Maker OpenAI

By 01/23/2023 7:24 PMNo CommentsBy YidInfo Staff

Microsoft claims to be investing “multi-year, multi-billion dollar sums” in artificial intelligence firm OpenAI, the company behind ChatGPT and other technologies that can produce fresh graphics and write readable prose.

Branded as the third step of a growing cooperation with San Francisco-based OpenAI that started with a $1 billion investment in 2019, the tech giant on Monday described its new arrangement as the third level of that relationship.

It withheld the precise monetary amount of its most recent investment.

On Nov. 30, OpenAI released ChatGPT, a free writing tool that has raised awareness of the potential of new developments in AI.

It’s a component of a new breed of artificial intelligence (AI) systems that can speak, produce readable text on demand, and even create original images and videos based on what they’ve learned from massive amounts of data.

When it first began operations in December 2015, OpenAI was a nonprofit artificial intelligence research organization.

The organization’s goals were to “advance digital intelligence in the way that is most likely to benefit society as a whole, unrestrained by a requirement to create the financial return,” with Tesla CEO Elon Musk serving as co-chair and one of its early investors.

That changed in 2018, not long after it released the first edition of the GPT model for producing human-like paragraphs of accessible writing by incorporating a for-profit company called Open AI LP and moving nearly all of its workers into the company.

In 2018, Musk also resigned from its board.

OpenAI also developed the DALL-E image generation tool.

Microsoft stated Monday that its improved collaboration can aid in “accelerating AI advancements to ensure these advantages are broadly shared with the public.”



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