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Microsoft Invests $1 Billion in OpenAI, a Startup Co-Founded by Elon Musk

Microsoft Invests $1 Billion in OpenAI, a Startup Co-Founded by Elon Musk

by Odedara BolajiJuly 23, 2019

Microsoft is investing $1 billion (roughly Rs. 6,900 crores) in OpenAI, a startup co-founded by Elon Musk, forging a partnership intent on creating artificial intelligence that rivals the human brain.

Artificial intelligence as it currently exists involves training machines to solve specific problems or perform particular tasks, like filter spam emails or predict an earthquake.

The Microsoft and OpenAI collaboration will zero in on artificial general intelligence: machines capable of learning and operating just as well as, or even better than, a human.

AGI has the “potential to shape the trajectory of humanity,” Sam Altman, co-founder, and chief executive of OpenAI, said in a news release.

“Our mission is to ensure that AGI technology benefits all of humanity, and we’re working with Microsoft to build the supercomputing foundation on which we’ll build AGI.

We believe it’s crucial that AGI is deployed safely and securely and that its economic benefits are widely distributed. We are excited about how deeply Microsoft shares this vision.”

Even the most optimistic researchers speak of AGI’s arrival in terms of decades rather than years. Many think truly intelligent machines are impossible. But should AGI became a reality, it could be used to tackle humanity’s greatest ills.

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Odedara Bolaji
Co-Founder of Naijatech360 and Naijanews360

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