Microsoft extends OpenAI partnership in a multibillion dollar investment

Microsoft says it’s extending its long-term partnership with OpenAI through a new “multiyear, multibillion dollar investment.” The investment comes just weeks after Microsoft was rumored to be investing $10 billion into OpenAI, the creators of popular AI tools like ChatGPT and DALL-E 2.

“We formed our partnership with OpenAI around a shared ambition to responsibly advance cutting-edge AI research and democratize AI as a new technology platform,” says Microsoft CEO Satya Nadella. “In this next phase of our 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.”

The deal will see Microsoft increase its investments in...

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