Microsoft entered into a third-round partnership with OpenAI on Monday, reportedly costing the company billions.
in an effort to cut costs due to a change in digital demands in services, Nadella had said in a statement. A Microsoft spokesperson declined to comment on the terms of its partnership with OpenAI in an email to Gizmodo, and when asked if its mass layoffs were used to offset the multibillion-dollar deal, the spokesperson said financial specifications “are not being disclosed.”
Microsoft said in its press release that the partnership will help fund the development of supercomputing systems so global customers can build their own AI applications and will introduce OpenAI’s models to its “consumer and enterprise products,” as well as introducing “new categories of digital experiences built on OpenAI’s technology.”, the CEO of OpenAI, commented on the collaboration with Microsoft, saying in the press release, “The past three years of our partnership have been great.
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