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Microsoft to invest $1.4 billion in OpenAI

By Stephen Nellis

Jul 23 2019 5:56AM

Develops supercomputing capabilities on Azure.

Microsoft to invest $1.4 billion in OpenAI

Microsoft is investing US$1 billion ($1.42 billion) in San Francisco-based OpenAI and has formed a multi-year partnership with the organisation to develop AI supercomputing technologies on Azure cloud. OpenAI was founded in 2015 as a nonprofit with US$1 billion in funding from Silicon Valley ...

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