Since 2019, Microsoft has invested over $13 billion in cash and computing resources into OpenAI, transforming the once-struggling startup into a leader in generative artificial intelligence, now valued at $157 billion. In return, Microsoft has secured exclusive rights to operate OpenAI's models on its Azure cloud platform, marking a significant partnership in the tech industry.
Since 2019, Microsoft has invested over $13 billion in cash and computing resources into OpenAI, transforming the once-struggling startup into a leader in generative artificial intelligence, now valued at $157 billion. In return, Microsoft has secured exclusive rights to operate OpenAI's models on its Azure cloud platform, marking a significant partnership in the tech industry.
•OpenAI has evolved from a struggling startup to a leader in generative AI.
•OpenAI is currently valued at $157 billion.
•Microsoft has exclusive rights to run OpenAI's models on Azure.
•This partnership represents a modern form of Renaissance patronage in technology.