On 22 July 2019,Microsoft said it has agreed to contribute one billion dollars to the non-profit company OpenAI.The advanced technology project was initially funded with a billion dollars from investors Sam Altman,LinkedIn co-founder Reid Hoffman and Peter Thiel.OpenAI was co-founded by billionaire Elon Musk and has a goal of achieving Artificial General Intelligence (AGI),which is a computer system that can learn at the human level and beyond.OpenAI intends to build a hardware and software platform of unprecedented scale.This powerful platform will train and run AI models that are progressively more advanced on the Microsoft Azure cloud computing service. *
Many of OpenAI's services will be transferred to Microsoft's Azure as well;what is more, Microsoft is the preferred partner to commercialise new services jointly pioneered by Microsoft and OpenAI.*
Mr.Musk left the project on good terms in February 2019,citing his current workload with Tesla and SpaceX,as well as disagreements about the new company's plans.
Microsoft (MSFT),LinkedIn (LNKD)
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