Microsoft to invest $1.4 billion in OpenAI

By
Follow google news

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 ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

NSW Office for AI appoints its first director, looks for 13 more staff

NSW Office for AI appoints its first director, looks for 13 more staff

Home Affairs streamlines risk vetting for gov tech suppliers

Home Affairs streamlines risk vetting for gov tech suppliers

Palantir sues engineers who left to form 'copycat' AI firm

Palantir sues engineers who left to form 'copycat' AI firm

Microsoft and OpenAI reach deal

Microsoft and OpenAI reach deal

Log In

  |  Forgot your password?