Microsoft to invest $1 billion in OpenAI

Microsoft CEO Satya Nadella (R) and OpenAI CEO Sam Altman at the Microsoft campus are pictured in Redmond, Washington, U.S. in this July 15, 2019 handout photo. Scott Eklund/Red Box Pictures/Handout via REUTERS

(Reuters) – Microsoft Corp said on Monday it was investing $1 billion in San Francisco-based OpenAI and that the two had formed a multi-year partnership to develop artificial intelligence supercomputing technologies on Microsoft’s Azure cloud computing service. OpenAI was founded in 2015 as a nonprofit with $1 billion in funding from Silicon Valley investors Sam […]

Continue reading this article with a Fiji Times online membership.

More Stories