Move Over Elon Musk. Microsoft to Invest $1 Billion in Partnership With OpenAI
Research group will use Microsoft’s Azure cloud to build a powerful computing system that will train and run AI software
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Microsoft Corp. agreed to invest $1 billion in a partnership with research group OpenAI, gaining a prominent cloud-computing customer from the artificial intelligence field.
OpenAI, co-founded by Elon Musk and other wealthy Silicon Valley entrepreneurs, will use Microsoft’s Azure cloud services to train and run the group’s AI software. The two will also jointly develop supercomputing technology, and Microsoft will be OpenAI’s preferred partner to commercialize its creations, the companies said in a statement on Monday.