Microsoft to Invest $1 Billion in Artificial-Intelligence Startup

📆 7/22/2019 8:36 PM
📰 WSJ

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Microsoft said Monday that it would invest $1 billion in OpenAI LP to add more advanced artificial-intelligence features to the software giant’s fast-growing cloud-computing platform

Microsoft Corp. said Monday that it would invest $1 billion in artificial-intelligence startup OpenAI LP, as the software giant seeks to enhance its Azure cloud-computing platform.

The companies said they would jointly develop supercomputing technologies for Azure, a fast-growing system that has helped propel Microsoft’s growth as the world’s most valuable public company.

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Means nothing but more layoffs

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