Microsoft and OpenAI have officially announced an extended partnership with Microsoft’s multi-billion dollar investment into the research lab that launched ChatGPT less than two months ago. OpenAI remains a capped-profit company governed by a nonprofit, allowing them to raise the capital they need to fulfill their mission without sacrificing their core beliefs.
In a blog post, OpenAI noted that “this multi-year, multi-billion dollar investment from Microsoft follows their previous investments in 2019 and 2021, and will allow us to continue our independent research and develop AI that is increasingly safe, useful, and powerful.” Additionally, the agreement “extends our ongoing collaboration across AI supercomputing and research and enables each of us to independently commercialize the resulting advanced AI technologies.”
Microsoft Chairman and CEO Satya Nadella commented on the partnership in a blog post, noting that the partnership was formed around a “shared ambition” to “responsibly advance cutting-edge AI research and democratize AI as a new technology platform.” In the next phase of the partnership, developers and organizations across industries will have access to the best AI infrastructure, models, and toolchain with Azure to build and run their applications.
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