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Monday, July 22, 2019

Microsoft plans to invests $1 billion in OpenAI to develop AI technologies on Azure

Microsoft today announced that it would invest $1 billion in OpenAI, the San Francisco-based AI research firm cofounded by CTO Greg Brockman, chief scientist Ilya Sutskever, Elon Musk, and others, with backing from luminaries like LinkedIn cofounder Reid Hoffman and former Y Combinator president Sam Altman. In a blog post, Brockman said the investment will support the development of artificial general intelligence (AGI) — AI with the capacity to learn any intellectual task that a human can — with “widely distributed” economic benefits.

To this end, OpenAI intends to partner with Microsoft to jointly develop new AI technologies for the Seattle company’s Azure cloud platform and will enter into an exclusivity agreement with Microsoft to “further extend” large-scale AI capabilities that “deliver on the promise of AGI.” Additionally, OpenAI will license some of its technologies to Microsoft, which will commercialize them and sell them to as-yet-unnamed partners, and OpenAI will train and run AI models on Azure as it works to develop new supercomputing hardware while “adhering to principles on ethics and trust.”

“AI is one of the most transformative technologies of our time and has the potential to help solve many of our world’s most pressing challenges,” said Microsoft CEO Satya Nadella. “By bringing together OpenAI’s breakthrough technology with new Azure AI supercomputing technologies, our ambition is to democratize AI — while always keeping AI safety front and center — so everyone can benefit.”

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