Microsoft invests billions in ChatGPT-maker OpenAI
1 year, 11 months ago

Microsoft invests billions in ChatGPT-maker OpenAI

Associated Press  

Microsoft says it is making a “multiyear, multibillion dollar investment” in the artificial intelligence startup OpenAI, maker of ChatGPT and other tools that can write readable text and generate new images. Microsoft’s supercomputers are helping to power the startup’s energy-hungry AI systems, while the Redmond, Washington-based tech giant will be able to further integrate OpenAI technology into Microsoft products. “There’s lots of ways that the models that OpenAI is building would be really appealing for Microsoft’s set of offerings,” said Rowan Curran, an analyst at market research firm Forrester. With Tesla CEO Elon Musk as its co-chair and among its early investors, the organization’s stated aims were to “advance digital intelligence in the way that is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return.” That changed in 2018 when it incorporated a for-profit business Open AI LP, and shifted nearly all its staff into the business, not long after releasing its first generation of the GPT model for generating human-like paragraphs of readable text.

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