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July 22 - 14:07
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Microsoft backs OpenAI with partnership and $1 billion investment
OpenAI is to work exclusively with Microsoft to build supercomputing and AI capabilities on Azure. The two companies have agreed a multi-year partnership and Microsoft has invested $1 billion to kickstart initiatives. OpenAI - co-founded by Elon Musk - wants to deliver artificial general intelligence: algorithms that mimic the human brain. Satya Nadella says Microsoft aims to 'democratise AI'.
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