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Microsoft in talks to invest more in OpenAI • Registration

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Microsoft is reportedly in advanced talks with OpenAI to further invest in the seven-year-old research firm.

both Wall Street Journal and InformationCiting unnamed sources, he said no agreement has been reached and no amount of funding has been agreed, but the two companies have met in recent weeks to discuss the possibilities.

By WSJOpenAI uses massive amounts of computing power to run AI products on Microsoft Azure. Funds from any new investment can be used to help offset these costs.

This money will come on top of Microsoft’s $1 billion investment in OpenAI in 2019 in an agreement that includes OpenAI agreeing to jointly develop new supercomputing technologies for Azure based on AI products and make Azure its private cloud provider.

“We will work hard together to further expand Microsoft Azure’s capabilities in large-scale AI systems,” OpenAI officials said in a blog post announcing the 2019 investment.

OpenAI was founded in 2015 by Elon Musk and a few other investors. Information, now worth about $20 billion. This was based on an undisclosed sale of OpenAI shares to existing shareholders, and the price of the shares suggested to unnamed sources an overall assessment of the venture.

Record sought comment from both Microsoft and OpenAI. We’ll update the story when one or both respond.

The AI ​​space is expanding rapidly, and IDC analysts this year predict that the global market will grow at an average of 18.6 percent per year by 2026, when it will reach $900 billion. OpenAI focuses on what is called artificial general intelligence (AGI), which aims to create cognitive abilities in software so that an AGI-based system can find a solution to an unusual intellectual task similar to humans.

Microsoft already offers OpenAI technology in Azure, and last year it introduced Azure OpenAI Service, which combines models of OpenAI and Microsoft capabilities in Azure, such as security, compliance, and regional availability.

Microsoft introduced Azure OpenAI Service at Ignite 2021 as a new product within Azure Cognitive Services, part of its Azure AI portfolio. At that time, it was available by invitation only.

At its Build 2022 conference in May, Microsoft announced that the Azure OpenAI Service is now available in a limited access preview and organizations can apply for access.

The service expands its capabilities with features such as filtering harmful content, detecting abuse, and accessing more models such as GPT-3 (natural language), Codex (code generation and plain language translation), and embedding models. (for semantic search and other tasks).

More recently, OpenAI released DALL∙E 2, which allows users to use strings of text or images as input to create custom images. It was initially open as a limited beta, but in late September the company removed the tech’s waiting list so everyone could sign up for it.

At last week’s Ignite 2022 expo, Microsoft said DALL∙E 2 will be available on Azure, initially by invitation only for select Azure OpenAI Service customers. The company is integrating Dall-E 2 into the Edge browser and Bing search engine with its Image Creator tool coming soon to Edge.

The company is also integrating it into Microsoft Design, a graphic design application for presentations, posters and other graphics.

“The rollout of DALL∙E 2 across Microsoft products and services reflects how the company’s investment in AI research has helped to thoughtfully embed AI in everything it creates, produces and delivers to help everyone increase productivity and innovation.” The vice president of modern life, search and devices at Microsoft wrote in a blog post this week.

Other vendors have built such generative AI models with Stable Diffusion, including Imagen, which has raised $101 million in seed investments this month, and Google Cloud with Stability AI. Such tools can be used for everything from the production of text, images, and music to data augmentation and the invention of algorithms.

Announcing that it removed the waiting list for DALL∙E 2 on September 28, OpenAI said that more than 1.5 million users create more than 2 million views per day with this technology. In addition, over 100,000 users were sharing their creations on the company’s Discord online community. ®