Microsoft announces new multibilliondollar investment in ChatGPT-maker PpenA [.] Aaklef Capeet. pasp oft apee fin in KEY POINTS a Miciosoft annserced a new muftyent, mulibilion-dsliar investment with the Shark Tank artifiar inteligence lab Oopnel. - The invesiment is the thind phuse of the partsernip, folowing Miciosetri previour Invertments in 2099 and 2021 - Micosof said the renewed patrenhip wit socelerme biesktrougha in Al and hele beth comptoiss commercla fire advanced technologies. Micmaoft E on Monday anonuoced a new multijear, mulbibillian-dellar inveatment with ChatcrT-maker OpenAl. Micronof declined to peovide a specific dollar amount, bat Semafist reposted catlier this month that Mistouoft was in talks to inves as mach as $10 billion. The deal marka the thind phase of the partnenhip between the two congunies, following Mierotoftipprevious invetenents in 2019 and 2021 . Microsof wid the resewed partnerthip will wccelerate breakthougha in Al ind help hoth companies commerchlise advanced technolopes in the future. "We formed our partnerahio with OpenA around a therd ambibin to reppensibly ac ckance curting edge Af rrsearth and democratiee AI at a new technology plasform," Microsatt cxo Satye Siadella wid in a blog pors. OpenkI worki slosel y with Micronofr k clood iensice Aume. in JulyMicanaAt it on Manday anonoanced a new multiyear, nualtihitisen-dothar invesiment with ChatGPT-maker OpenN. Microsoft declined to prowide a specife dollar amount, bur Seatificrepocted earlier this month that Microsoft was in talks to imveut ai moch as 510 bilion. The deal marks the thind phase of the partsenhip brtween the nos coepusien, following Microsef'" previous iernestments in 2019 and 2021. Microsatt rald the renewed partnenatip wilt accelenate breakihrougha in N and belp boch companties cormmersialise advaboed tectinologits in the fature. "We tomed our partnership with OpenAl around a shared antitien so responsibly advance cutaing- edge A research and democratie Al at a new. technology platform," Micresoft CEO Satya Nadela said in a Hosport. OpenMI worki closely with Microsoft's cload service Arure. In Jaly 2019, Mccrosolt backed OpeeAl with 31 tallion, and the inveitment mude Microsoft the "exclusive" provider of cload computing services as OpendL. Microsoft sald Monday that Arure will continue to nerve as Openar'sead atuve provider. Microsott's imvevtment will also help the two companiss engage in supercompating at scale and create new Alpowered experiences, the reicase said. OpenAl is nanked by Al rescanbens as one of the app thee AI Lbe worlt wide, and the company has developed game-playing Al software that an beat bumans at video gameinuchau Dan2. However, it's argably teceived move attention for its AI leat generator CPT-3 and its quithy A fimage genernetr DalloE. Aead mere about tech and crypte trem CNec Pre Aphabet or Microstt Analysts peedict which stock will come out en top Crypto comehack is just a 'mean-reversica' rally, Bernstein ray.

1. Microsoft announces new multibilliondollar investment in ChatGPT-maker PpenA [.] Aaklef
Capeet. pasp oft apee fin in KEY POINTS a Miciosoft annserced a new muftyent, mulibilion-dsliar
investment with the Shark Tank artifiar inteligence lab Oopnel. - The invesiment is the thind phuse
of the partsernip, folowing Miciosetri previour Invertments in 2099 and 2021 - Micosof said the
renewed patrenhip wit socelerme biesktrougha in Al and hele beth comptoiss commercla fire
advanced technologies. Micmaoft E on Monday anonuoced a new multijear, mulbibillian-dellar
inveatment with ChatcrT-maker OpenAl. Micronof declined to peovide a specific dollar amount, bat
Semafist reposted catlier this month that Mistouoft was in talks to inves as mach as $10 billion.
The deal marka the thind phase of the partnenhip between the two congunies, following
Mierotoftipprevious invetenents in 2019 and 2021 . Microsof wid the resewed partnerthip will
wccelerate breakthougha in Al ind help hoth companies commerchlise advanced technolopes in
the future. "We formed our partnerahio with OpenA around a therd ambibin to reppensibly ac
ckance curting edge Af rrsearth and democratiee AI at a new technology plasform," Microsatt cxo
Satye Siadella wid in a blog pors. OpenkI worki slosel y with Micronofr k clood iensice Aume. in
JulyMicanaAt it on Manday anonoanced a new multiyear, nualtihitisen-dothar invesiment with
ChatGPT-maker OpenN. Microsoft declined to prowide a specife dollar amount, bur
Seatificrepocted earlier this month that Microsoft was in talks to imveut ai moch as 510 bilion. The
deal marks the thind phase of the partsenhip brtween the nos coepusien, following Microsef'"
previous iernestments in 2019 and 2021. Microsatt rald the renewed partnenatip wilt accelenate
breakihrougha in N and belp boch companties cormmersialise advaboed tectinologits in the fature.
"We tomed our partnership with OpenAl around a shared antitien so responsibly advance cutaing-
edge A research and democratie Al at a new. technology platform," Micresoft CEO Satya Nadela
said in a Hosport. OpenMI worki closely with Microsoft's cload service Arure. In Jaly 2019,
Mccrosolt backed OpeeAl with 31 tallion, and the inveitment mude Microsoft the "exclusive"
provider of cload computing services as OpendL. Microsoft sald Monday that Arure will continue to
nerve as Openar'sead atuve provider. Microsott's imvevtment will also help the two companiss
engage in supercompating at scale and create new Alpowered experiences, the reicase said.
OpenAl is nanked by Al rescanbens as one of the app thee AI Lbe worlt wide, and the company
has developed game-playing Al software that an beat bumans at video gameinuchau Dan2.
However, it's argably teceived move attention for its AI leat generator CPT-3 and its quithy A
fimage genernetr DalloE. Aead mere about tech and crypte trem CNec Pre Aphabet or Microstt
Analysts peedict which stock will come out en top Crypto comehack is just a 'mean-reversica' rally,
Bernstein rays Wall Street likes sattware stocks for the kong term. Here are top pideks from
Goldman, Citi and more ChatGPT automaticallye fencratestexs based on written peompta in a
fashion that's much more advanced and creative than the chatbotr of Stisen Valleg's past. The
weftware debuted in late November and quicidy tamed lesp a viral sensation as tech executives
and venture capitalists gashed about it on Twitim, even comparing it to Apple's debut of the
iPhone in 2007. The tectinology also caught the atiention of Coogle executives, who mitina. recent
all hands meeting that while Coogle has similar AI capabilities, its reputation coald ruffer if it
moves too fart on AI chat tectanology. OpenAI's founders included Sam Aliman, Ieala and Spacex
CFo Elon Mak, Greg Hrockrraa, Ilya Sutskever, Wojciech Zatemh and John Schulman. The group

2. pledged to imvent over $1 billion into the wemare when it laceched. Mask resigned from the board
in Frbura7y 2018 bat recuaked a donoe. - CNBCV, fouthat Wanian and fonsifor Elias nentrihated
ta shar merrt.