Microsoft said on Monday that it is investing “billions of dollars” in OpenAI, the maker of the wildly popular ChatGPT chatbot.
Microsoft, an early investor in OpenAI, announced plans to strengthen its current alliance with the business as part of a larger initiative to increase the amount of artificial intelligence available in its product lineup. The multi-year investment will be used to “build AI that is increasingly safe, helpful, and powerful,” according to a second blog post by OpenAI.
Microsoft CEO Satya Nadella said in a statement: “We created our cooperation with OpenAI around a shared ambition to responsibly promote cutting-edge AI research and democratise AI as a new technology platform.
With its capacity to generate lengthy and thorough responses to user prompts and questions, ChatGPT has attracted the attention of academics, business leaders, and tech enthusiasts, as well as occasionally raised concerns from them. The two companies’ growing partnership has the potential to significantly advance OpenAI’s ambitious projects, including ChatGPT.
The investment may also propel Microsoft to the forefront of AI and eventually open the door for the corporation to integrate ChatGPT into some of its signature products, like Word, PowerPoint, and Outlook.
Microsoft recently announced that it would soon introduce ChatGPT functionalities to its cloud computing service, Azure, as a result of its current exclusive agreement with OpenAI. Businesses might utilise the capabilities directly within its apps and on that service if ChatGPT becomes available there.
Despite these products’ growing popularity among users, some people are worried about how they could reinforce prejudices and distribute false information. The immediate effects of ChatGPT on pupils and their propensity to cheat on assignments are also causing a growing number of schools and teachers to express their worry.
According to David Lobina, an artificial intelligence analyst at ABI Research, that may potentially result in “much bad publicity” for the businesses connected with these tools.
However, the possibility is huge and could strengthen Microsoft’s position in the intensifying competition for artificial intelligence while also helping OpenAI.
Given the high computing costs associated with developing these models, “OpenAI is aiming to commercialise its systems,” Lobina told CNN prior to the release on Monday. “Their relationship with Microsoft can make it simple for them to achieve that.”