Microsoft CEO Satya Nadella: Without Our Support, OpenAI Wouldn’t Exist

In an interview with CNBC, Microsoft CEO Satya Nadella discussed the company’s interest in artificial intelligence (AI) and its future directions in the field.

In addition to the job opportunities that AI has created and the technology’s potential to improve the economy, Nadella also highlighted Microsoft’s collaboration with OpenAI. Microsoft currently holds a 49% stake in OpenAI’s for-profit revenue.

Citing the company’s history of value-creating partnerships, the Microsoft CEO expressed his satisfaction with the current relationship with OpenAI. Nadella also explained the new OpenAI board of directors and Microsoft’s new oversight seat on the board. He said, “OpenAI wouldn’t exist without our initial support. Today, they’ve become an incredible company, and we’re thrilled to have been a part of the journey.”

Microsoft’s ongoing efforts and early adoption of generative AI are paying off, and the company is now valued at over $3 trillion, surpassing Apple to become the world’s most valuable company. Thirteen market analysts unanimously believe that Microsoft will remain the world’s most valuable company for the next five years.

Microsoft’s serious focus on AI began in 2019 with a $1 billion investment in OpenAI. The company’s collaboration with the maker of the popular ChatGPT chatbot continued with another multi-billion dollar investment, ultimately leading to the integration of AI into most of the Redmond tech giant’s products and services. The birth of services like Copilot is also a result of this collaboration.

In another part of his interview, Nadella said, “We were very confident in our capabilities. We have all the intellectual property and all the capabilities. To be honest, even if OpenAI disappears in the future, we don’t want any of our customers to worry. We have the manpower, the computational power, the data, and all the prerequisites to continue on the path.”

Back to top button