According to Nadella, Microsoft and OpenAI have a shared ambition to advance the research of AI to enable developers and organizations to build on the best AI infrastructure. When OpenAI was established in December 2015, the initial idea was to be a non-profit organization focused on humanitarian welfare via AI advancement. However, the development of OpenAI LP, a capped-profit subsidiary that allowed investments from profitable organizations, significantly changed the entire dynamics. To date, Microsoft Corp (NASDAQ: MSFT) is the largest investor in OpenAI and its ChatGPT. Notably, Microsoft poured in $1 billion to OpenAI LP as an initial investment back
Go to Source
Author: NixCoin