GMBStaff

 14 Nov 23

tl;dr

Microsoft invested $10 billion in OpenAI earlier this year but the latter is seeking even more cash from the tech giant to create more sophisticated models of artificial general intelligence. OpenAI CEO Sam Altman emphasized that training expenses are enormous as the company focuses on developing mo...

Microsoft invested $10 billion in OpenAI earlier this year but the latter is seeking even more cash from the tech giant to create more sophisticated models of artificial general intelligence. OpenAI CEO Sam Altman emphasized that training expenses are enormous as the company focuses on developing more advanced AI. He also mentioned that the partnership with Microsoft is mutually beneficial, leading to the success of both companies. This investment in AI has led to a surge in Microsoft's stock price, driving it to all-time highs and positively impacting the company's quarterly results.

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