Microsoft reveals $100 billion investment in OpenAI partnership
- Source
- Bloomberg
- Time
- 6:13 PM
- Weight
- 94/100
Microsoft has spent over $100 billion on its partnership with OpenAI to date, according to testimony from Microsoft executive Michael Wetter. This cumulative figure represents the total expenditure through the end of the current fiscal year in June and underscores the extensive resources the software giant has committed to the AI developer's growth.
The investment includes Microsoft’s original financial stakes in OpenAI as well as the substantial costs of building the specialized infrastructure necessary to support large-scale artificial intelligence. Additionally, the $100 billion total accounts for the ongoing expenses related to hosting OpenAI’s computing requirements on Microsoft’s cloud platforms.