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Announced

Microsoft to invest $10bn in OpenAI.

Synopsis

Microsoft, an American multinational technology company, agreed to invest $10bn in OpenAI, a tech company. “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. In this next phase of our partnership, developers and organizations across industries will have access to the best AI infrastructure, models, and toolchain with Azure to build and run their applications," Satya Nadella, Microsoft Chairman and CEO.

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