Microsoft’s $1 Billion Bet on OpenAI Driven by Fear of Lagging Behind Google
In 2019, Microsoft invested $1 billion in OpenAI, driven by concerns of falling significantly behind Google in the realm of artificial intelligence. This is revealed in internal correspondence among the corporation’s top management. The discussion, titled “Thoughts on OpenAI,” included Microsoft’s CTO Kevin Scott, CEO Satya Nadella, and co-founder Bill Gates. The letter was published […]