OpenAI: Microsoft Invests $1 bn in Elon Musk’s old  Company

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OpenAI: Microsoft Invests $1 bn in Elon Musk’s old Company

Microsoft is expanding its Azure cloud computing service to include artificial intelligence (AI) supercomputing technologies and has signed a new partnership agreement with the Elon Musk’s old company, OpenAI, which is now run as a nonprofit AI research organization.

OpenAI will run its services exclusively in Microsoft’s cloud. Ultimately, the partners hope to build what is being billed as artificial general intelligence (AGI), a technology that some say will match or exceed human intellect.

Modern AI systems work well for the specific problem on which they’ve been trained but getting AI systems to help address some of the hardest problems facing the world today will require generalization and deep mastery of multiple AI technologies,

the companies wrote in a press release.

OpenAI and Microsoft’s vision is for artificial general intelligence to work with people to help solve currently intractable multidisciplinary problems, including global challenges such as climate change, more personalized healthcare and education.

OpenAI was originally launched by Musk, who is also CEO of Tesla, Sam Altman, chairman of Y Combinator, Stripe’s former CTO Greg Brockman, and former Google research scientist Ilya Sutskever in December 2015, with a $1 billion endowment from tech all-stars. At the time, Musk voiced concernsabout the potential dangers of AI, having described it as “summoning a demon” — though he’s since left, citing a conflict of interest with Tesla’s budding AI business.

Author: Tim Cole
Image Credit: Microsoft

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