Microsoft and Elon Musk’s OpenAI $1bn deal for democratizing AI

Technology - Pavan Pandey - Nov 17,2016

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microsoft and elon musks openai 1 billion deal for democratizing ai

US tech-giant Microsoft, has signed a $1 billion agreement with business magnate Elon Musk’s non-profit artificial intelligence Research Company OpenAI.

This agreement powers OpenAI to run its large-scale artificial intelligence experiments on the tech flagship cloud platform, Azure.

The companies announced that the research project is dedicated to democratizing access to AI and also creating significant assistance to advance the area of Artificial Intelligence to tackle most challenging problems of the world. Elon Musk is said to have chosen Microsoft because of their deep erudition study and continuing pledge to AI, alongside with Azure’s support for open source technologies and also its unique arrangement of high performance computing, huge data, intelligence abilities like Azure Machine Learning, Azure Batch and Microsoft Cognitive Toolkit. Microsoft also added that the OpenAI is an initial adopter of its Azure N-series Virtual Machines that will be accessible in the month of December.

Microsoft CEO Satya Nadella, addressing a technology developers’ conference in Sydney announced that the Australian government will be the first country to set up an artificial intelligence system, termed as “Internet bot” to manage queries from Australian citizens. He said that Microsoft wants to lead the new era of cognitive computing, where increasingly intelligent technology would permit human-like interface with complex business systems. Nadella mentioned that the Department of Human Services (DHS) has designed a smart software-driven conversational bot (web robot / WWW robot), which would shorten the time people spend while waiting to communicate with human staff. DHS finalized the biggest deployment of Microsoft’s Windows 10 operating system in the Asia-Pacific region, and it now functions on AI-powered applications.