Microsoft is investing in OpenAI company, to accelerate developing together AI products

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Tech giant Microsoft on Monday announced a new multiyear, multibillion-dollar investment with ChatGPT-maker OpenAI, which works closely with Microsoft’s cloud service Azure, without providing info about a specific dollar amount. It is known however that Microsoft was in talk to invest $10 billion. The goal is to sustain accelerated development in AI. “We formed our partnership with OpenAI around a shared ambition to responsibly advance cutting-edge AI research and democratize AI as a new technology platform,” Microsoft CEO Satya Nadella wrote in a blog post. At the same time, Microsoft confirmed that Azure will continue to serve as OpenAI’s exclusive provider. The company also recently revealed it would soon add ChatGPT features to to its cloud computing service.

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For Microsoft this is a opportunity too to beat rivals Amazon and Google. OpenAI received enormous attention in recent years. Its product ChatGPT, the viral chatbot, will have a paid version on a price of $42 per month. OpenAI could be spending over $100,000 every day just to run the Artificial Intelligence chatbot and that’s more than $3 million every month. ChatGPT is artificial intelligence that writes any kind of writing: letters, song lyrics, research papers, recipes, therapy sessions, poems, essays, outlines, even software code.