Azure becomes the exclusive cloud provider to OpenAI in return.
Ending weeks of speculation about possible investment from Microsoft, Open AI has confirmed that the Bill Gates co-founded company has entered into a 'multi-year, multi-billion dollar' agreement to extend its partnership, aWith this new investment, OpenAI will look further to independently "develop and research AI that is increasingly safe, useful, and powerful," the press release added.
The company has already used Open AI's technology to power Copilot helps coders write better code on GitHub and for Microsoft Designer, a graphic design app. Apart from that, the company is also looking to incorporate ChatGPT results in its Bing search engine and may also incorporate it into its apps such as Word, PowerPoint, and Outlook.
Since its inception, OpenAI has already split into a non-profit organization and a for-profit company with the latter tasked with the job to raise capital to conduct the research. After the recent round of investment that grants Microsoft more exclusivity over OpenAI's products, the company reemphasized its commitment to capping its profits and not sacrificing its core beliefs.OpenAI stated that it was still building AI for the benefit of society and planned to do so by prioritizing safety.
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