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Microsoft to Pump More Funds into OpenAI: What’ll be the Implication?

OpenAI has had a close association with Microsoft in the past few years, one of the most significant ones being the latter’s investment of USD 1 billion in OpenAI
Openai Microsoft
According to recent media reports, Microsoft is in ‘advanced talks’ for a new round of funding in OpenAI. The details of the deal are still under discussion, and the funding amount is being negotiated. The fund raised is expected to be channelled to further incorporate AI in OpenAI’s products. OpenAI has had a close association with Microsoft in the past few years, one of the most significant ones being the latter’s investment of USD 1 billion in the AI research lab in 2019. OpenAI & Microsoft’s relationship OpenAI was founded as a non-profit in 2015 with a total pledged amount of USD 1 billion from tech leaders and investors like Elon Musk, and Reid Hoffman, among others. In his book ‘Genius Makers’, author Cade Metz writes that OpenAI was built on a vision to h
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Picture of Shraddha Goled
Shraddha Goled
I am a technology journalist with AIM. I write stories focused on the AI landscape in India and around the world with a special interest in analysing its long term impact on individuals and societies. Reach out to me at shraddha.goled@analyticsindiamag.com.
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