American tech juggernaut Microsoft and OpenAI officially extend partnership with both sides looking forward to great advancement in the field of Artificial Intelligence. The statement released on their official blog explains the plan to continue with a multi-year, multi-billion-dollar investment in OpenAI, the startup firm that created the AI systems ChatGPT, DALL-E 2, and GPT-3.
As part of the third phase of an investment agreement with Microsoft, OpenAI will continue to be a corporation with capped profits in the foreseeable future. As it introduces new categories of digital experiences, Microsoft said, it will:
- Raise its efforts in the implementation of specialized supercomputing systems.
- Speed up OpenAI AI research.
- Connect OpenAI AI systems with its products.
- Use OpenAI models in both their consumer and business goods.
- Launch new varieties of digital experiences based on OpenAI’s technology.
This includes Microsoft Azure OpenAI Service, which gives developers direct access to OpenAI models supported by Azure-trusted, enterprise-grade features for AI-optimized technology, and tools.
What is OpenAI and its History?
Twitter and SpaceX CEO Elon Musk, Sam Altman, Peter Thiel, and others created the company in San Francisco towards the end of 2015. With the declared aim of encouraging and developing trustable AI in a way that benefits mankind as a whole, OpenAI carries out studies in the field of Artificial Intelligence.
As mentioned earlier, the company is behind some of the most amazing creations including:
- DALL-E: It aids to create realistic digital images from just vocal descriptions.
- GPT-3: This helps generate human-like text reducing wide arrays of language barriers.
- ChatGPT: It is a chatbot with remarkable conversation ability.
What Drives the Association between Microsoft & OpenAI?
The initiatives expand upon years of close cooperation between Microsoft and OpenAI.
- Microsoft had stated that it had spent $1 billion in OpenAI in 2019, with about half of that sum coming in the form of Azure credits, to “further extend” OpenAI’s large-scale AI capabilities and jointly create emerging innovations for the Azure platform.
- A year later, Microsoft disclosed that it had created a supercomputer that was at the time one of the most potent computers in existence, hosted on Azure in collaboration with OpenAI.
- OpenAI has stated that their AI training and inference workloads have received the greatest result and scalability thanks to Azure’s distinctive architecture design. In order to speed up OpenAI independent research, Microsoft will boost its investment in these systems; while Azure will continue to be the only cloud-based service provider for all OpenAI workloads throughout their research, API, and product catalogs.
Both sides are looking forward to extending this Microsoft and OpenAI official partnership in the near future.
Recommended: What is Bot Attacks?