Microsoft, OpenAI Sign New AI Deal, Paving Way for More Investments

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After months of back-and-forth negotiations, Microsoft and OpenAI have signed a new deal that gives Microsoft deep insight into OpenAI’s models.

Redmond will retain a stake in OpenAI, while OpenAI will invest in the Azure cloud platform. In turn, Microsoft will support OpenAI’s restructuring as a for-profit company and give up access to any AI if it achieves general intelligence (AGI).

For almost six…



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Microsoft, OpenAI Sign New AI Deal, Paving Way for More Investments


Don’t miss out on our latest stories. Add PCMag as a preferred source on Google.

After months of back-and-forth negotiations, Microsoft and OpenAI have signed a new deal that gives Microsoft deep insight into OpenAI’s models.

Redmond will retain a stake in OpenAI, while OpenAI will invest in the Azure cloud platform. In turn, Microsoft will support OpenAI’s restructuring as a for-profit company and give up access to any AI if it achieves general intelligence (AGI).

For almost six…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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