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New Deal


Announced

Microsoft invested $1bn in OpenAI.

Financials

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Transaction Value£799m
Consideration Type-
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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artificial intelligence

Private

United States

Auto Technology

Acquisition

Synopsis

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Microsoft, an American multinational technology company, invested $1bn in OpenAI, an AI research company, to support us building artificial general intelligence. “The creation of AGI will be the most important technological development in human history, with the potential to shape the trajectory of humanity,” said Sam Altman, CEO, OpenAI. “Our mission is to ensure that AGI technology benefits all of humanity, and we’re working with Microsoft to build the supercomputing foundation on which we’ll build AGI. We believe it’s crucial that AGI is deployed safely and securely and that its economic benefits are widely distributed. We are excited about how deeply Microsoft shares this vision.”

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