Microsoft to invest $1bn in OpenAI

Posted by - July 23, 2019

Microsoft Corp said it was investing $1 billion in San Francisco-based OpenAI and that the two had formed a multi-year partnership to develop artificial intelligence supercomputing technologies on Microsoft’s Azure cloud computing service. OpenAI was founded in 2015 as a nonprofit with $1 billion in funding from Silicon Valley investors Sam Altman, Peter Thiel and