GMBStaff

 14 Nov 23

tl;dr

Earlier this year, Microsoft invested in OpenAI to the reported tune of $10B, but the latter is seeking even more cash from the tech giant as it looks to create more sophisticated models of artificial general intelligence. OpenAI CEO Sam Altman stated that "training expenses are just huge," emphasiz...

Earlier this year, Microsoft invested in OpenAI to the reported tune of $10B, but the latter is seeking even more cash from the tech giant as it looks to create more sophisticated models of artificial general intelligence. OpenAI CEO Sam Altman stated that "training expenses are just huge," emphasizing that their main product is intelligence and that their partnership with Microsoft is mutually beneficial. Altman also noted that the partnership with Microsoft is advantageous for both parties, as they both benefit from each other's success. This highlights the pivotal role that artificial intelligence plays in the success of Microsoft, as evidenced by the company's recent all-time highs and strong quarterly results.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 4 Nov 24
 4 Nov 24
 4 Nov 24