Microsoft Invested $1 billion in Elon Musk’s OpenAI

Microsoft Invested $1 billion in Elon Musk’s OpenAI

Investment of $1 billion by Microsoft in Elon Musk’s OpenAI to construct artificial intelligence that may deal with more complex tasks. The firms introduced Monday.

Through the partnership, the companies will construct new Azure AI supercomputing technologies, and Microsoft will become OpenAI’s exclusive cloud provider, according to the announcements. The companies stated the technology they plan to construct, artificial general intelligence (AGI), will be capable of solving more complex issues that AI presently is capable of.

“Modern AI systems work well for the precise problem on which they’ve been skilled, however getting AI systems to help address some of the hardest issues facing the world today will require generalization and deep mastery of several AI technologies,” the businesses wrote in a press launch. “Microsoft and OpenAI’s vision is for artificial general intelligence to work with folks to help solve presently intractable multidisciplinary problems, together with global challenges similar to climate change, more personalized healthcare, and education.”

Rather than construct its product to make up the prices of building AI technologies, OpenAI stated in its announcement that it decided to license some of its “pre-AGI technologies” and make Microsoft its preferred commercialization companion.

OpenAI and Microsoft chose to work together based on “shared principles on ethics and trust,” in line with the release.

“We believe that the creation of beneficial Artificial General Intelligence will be crucial technological development in human history, with the potential to shape the trajectory of humanity,” OpenAI wrote.

OpenAI was co-founded by Musk, Greg Brockman, Ilya Sutskever and Sam Altman, the corporate’s CEO.

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