Microsoft and OpenAI are collaborating to make a new technology. (Image via OpenAI)

Microsoft Collaborates with OpenAI; Investing $1 Billion

Toska Dhia Andana
Market & Investment
New Investment
Jul 23, 2019
2595
The innovation technology company, Microsoft, has decided to build a startup. It is reported that Microsoft has been giving tools and resources through the BizSpark program, for more than 75,000 startups since 2008. Not only that, the company launched Bing Fund in 2012, where they fund startups through the program. This year, Microsoft announced that they are investing USD $1 billion in order to build an Ai startup.

On Monday July 22, Microsoft stated that have a new partnership with Elon Musk’s OpenAI, where they are planning to build artificial general intelligence. What’s special is that, Microsoft said that it’s going to be able to complete more complex tasks than AI. The new technology is revealed to be named new Azure Ai supercomputing technologies.

On the press release, the companies wrote that the new technology is expected to be able to work with humans to tackle problems. The problems are various; from climate change, healthcare, as well as education. Previously, OpenAI usually funded their own technology, however this time, Microsoft is investing on the technology. In return, OpenAI announced, they are going to give Microsoft the license to its ‘Pre-AGI technologies’ and choose Microsoft to be its preferred commercialization partner.

Both of the companies hope the technology will be able to work as a superhuman. They believe the technology will help the humanity such as helping human to fight the climate change.

Source: https://www.cnbc.com/2019/07/22/microsoft-invests-1-billion-in-elon-musks-openai.html

Microsoft , OpenAI , ElonMusk , BillGates , ArtificialGeneralIntelligence