Microsoft’s involvement with OpenAI dates back to 2019 when the tech giant made its first investment of $1 billion in the AI research company. Over the years, Microsoft continued to invest, eventually reaching a total of $2 billion. In January 2023, Microsoft further extended its partnership with OpenAI through a multi-year, multi-billion dollar investment. The exact value of the investment was not disclosed, but sources indicate that it will amount to $10 billion over multiple years.
As part of this partnership, Microsoft’s Azure service will be the exclusive cloud-computing provider for OpenAI. This means that Azure will power all of OpenAI’s workloads across research, products, and API services. Microsoft has also leveraged its collaboration with OpenAI to enhance its own Bing search engine and browser.
On February 7, Microsoft unveiled a new version of Bing search engine that utilizes OpenAI’s next-generation language model, GPT-4, specifically tailored for search. This upgrade has proven successful, with Bing surpassing 100 million daily active users. Additionally, Microsoft introduced Bing Chat, an enterprise solution that offers various benefits to businesses.
During the Microsoft Build event, it was announced that Bing would become the default search engine for ChatGPT. This integration allows ChatGPT to access the web and provide citations, enhancing its capabilities as an AI chatbot.
The partnership between Microsoft and OpenAI demonstrates the growing significance of AI in the tech industry. Microsoft’s substantial investments in OpenAI highlight its commitment to advancing AI research and development. With OpenAI’s cutting-edge technology and Microsoft’s cloud computing expertise, the collaboration has the potential to drive innovation and shape the future of AI.
Overall, Microsoft’s partnership with OpenAI, marked by significant investments and advancements in Bing, showcases the company’s dedication to harnessing the power of AI for both its own products and the wider tech industry.