Microsoft on Monday announced a new multiyear, multibillion-dollar investment with ChatGPT-maker OpenAI.
The deal marks the third phase of the partnership between the two companies, following Microsoft’s previous investments in 2019 and 2021. Microsoft said the renewed partnership will accelerate breakthroughs in AI and help both companies commercialize advanced technologies in the future.
Microsoft has been reportedly experimenting with building OpenAI’s language AI technology into its Word, PowerPoint, and Outlook apps. The Information reports that Microsoft has already incorporated an unknown version of OpenAI’s text-generating GPT model into Word in its autocomplete feature, and has been working on integrating it further into Word, PowerPoint, and Outlook.