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Microsoft today said that it's extending its partnership with OpenAI, the startup behind art- and text-generating AI systems like ChatGPT, DALL-E 2 and GPT-3, with a "multi-year, multi-billion-dollar" investment.
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OpenAI claims that the new funds -- the amount was not disclosed -will be used to further its independent research and create AI that's "safe, powerful, efficient and useful."
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The image isn't ideal for Microsoft, which recently announced plans to cut 10,000 employees as part of its overall cost-cutting efforts.
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However, they'd been communicated by Microsoft earlier this month.
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In the course of an interview in The Wall Street Journal, Microsoft CEO Satya Nadella announced that Microsoft plans to make the OpenAI foundational systems commercially available to allow any company within any field can develop them.
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OpenAI will be a limited-profit business as part of the deal to invest with Microsoft.
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