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Investing In The Startup Since 2019, Microsoft Plans To Greatly Expand The Use Of Technology In The Products Made By Both Software Companies
This Monday, 23rd, Microsoft announced that it is heavily investing in new technologies, software, and artificial intelligence in its products. With a multibillion-dollar investment in startups, the company has been investing in OpenAI and the ChatGPT chatbot since 2019.
The software technology companies have not disclosed the amount of investments made so far, but it is known that the capital allocated so far dates back to investments made in 2019 and 2021 in OpenAI.
DISCOVER MICROSOFT’S OPERATIONS IN BRAZIL!
A Small Technology Startup?
Despite being a small software company in revenue, OpenAI planned to sell its shares in 2023, with a public offering of approximately US$ 29 billion, according to the Wall Street Journal. It is the most valuable American technology startup on paper.
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Micron invested $9.3 billion in a factory in Hiroshima to produce the memory that powers the brain of global artificial intelligence.
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About Microsoft
Known worldwide, Microsoft, a software company, is considered the largest software development company in the world. Founded 45 years ago, Microsoft Corporation is listed in the programs and services sector of Nasdaq, one of the American stock exchanges.
It is also part of the S&P 500 index, holding one of the largest positions on the list of the 500 largest companies in the United States.
About OpenAI
OpenAI is a nonprofit artificial intelligence (AI) research institution aimed at promoting and developing friendly AI in a way that benefits humanity as a whole.
