Microsoft said on Monday that it has expanded its partnership with OpenAI. (agent)
Washington:
Microsoft on Monday said it has extended its partnership with OpenAI, the research lab and creator of ChatGPT, an artificial intelligence chatbot that has sparked widespread fears of cheating in schools and universities.
In a company blog post tweeted by CEO Satya Nadella, the tech giant announced a “multi-year, multi-billion dollar investment to accelerate AI breakthroughs” that “will be widely shared with the world”. “
OpenAI’s ChatGPT became an internet sensation when it was released without warning in November, giving users the ability to write essays, articles and poetry, as well as code in seconds.
With teachers worried about its potential, ChatGPT has been banned at universities and school districts — including in New York City and Washington DC — and has sparked nervous debate about the future of office work.
California-based OpenAI is also the creator of DALL-E, a program that can rapidly generate digital images and illustrations with a simple request.
Media reports put Microsoft’s new investment in OpenAI at $10 billion, which would value the company at approximately $29 billion.
,aggressive,
The announcement comes less than a week after Microsoft said it would lay off 10,000 employees in the coming weeks and reallocate investments to new priorities such as AI.
Microsoft’s statement said the company will deploy OpenAI’s model “across our consumer and enterprise products”.
This indicates that Microsoft intends to incorporate the technology behind ChatGPT and DAL-E into its own software products, such as Bing, the search engine, or the company’s Office apps.
Wedbush Securities analyst Dan Ives said, “With ChatGPT being one of the most innovative AI technologies seen in the industry, Microsoft is clearly being aggressive on this front and is not going to hold back in a potentially game-changing AI investment. ” in a note.
Founded in late 2015 with an early investor in Tesla tycoon Elon Musk, OpenAI is led by Sam Altman, a 37-year-old entrepreneur and former president of startup incubator Y Combinator.
The company has relied on financial backing from distinguished contributors since its inception, including LinkedIn co-founder Reid Hoffman, investors Peter Thiel and Elon Musk.
The multi-billionaire served on the board of OpenAI until 2018, but left to focus on electric vehicle company Tesla.
The startup also relies on a team of computer scientists and researchers, led by former Google executive Ilya Sutskever, who specializes in machine learning.
According to a query made directly on ChatGPT, OpenAI is expected to have around 200 employees by 2021.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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