The Money TrailJuly 22, 2019via OpenAI Blog
Microsoft invests in and partners with OpenAI to support us building beneficial AGI
Why it matters
Microsoft becomes OpenAI's exclusive cloud infrastructure partner and commits $1B in strategic investment, signaling major bets on AGI development and Azure's competitive positioning in large-scale AI systems.
Key signals
- Microsoft invests $1B in OpenAI
- Microsoft becomes OpenAI's exclusive cloud provider
- Partnership to develop hardware and software platform on Azure
- Joint development of Azure AI supercomputing technologies
- Published July 22, 2019
The hook
$1B. That's what Microsoft just committed to OpenAI to build AGI together.
Microsoft is investing $1 billion in OpenAI to support us building artificial general intelligence (AGI) with widely distributed economic benefits. We’re partnering to develop a hardware and software platform within Microsoft Azure which will scale to AGI. We’ll jointly develop new Azure AI supercomputing technologies, and Microsoft will become our exclusive cloud provider—so we’ll be working hard together to further extend Microsoft Azure’s capabilities in large-scale AI systems.
Relevance score:85/100