The tech company Microsoft (MSFT)  has agreed to invest 1 billion dollars to artificial intelligence company OpenAI. The company will use Microsoft Azure cloud service to build powerful computing system and run AI software.

According to companies, the both companies will jointly develop supercomputing technology. The OpenAi started in 2015.

– The creation of AGI will be the most important technological development in human history, with the potential to shape the trajectory of humanity,” said Sam Altman, CEO, OpenAI.

– Our mission is to ensure that AGI technology benefits all of humanity, and we’re working with Microsoft to build the supercomputing foundation on which we’ll build AGI. We believe it’s crucial that AGI is deployed safely and securely and that its economic benefits are widely distributed. We are excited about how deeply Microsoft shares this vision, he said.

-AI is one of the most transformative technologies of our time and has the potential to help solve many of our world’s most pressing challenges,” said Satya Nadella, CEO, Microsoft.

– By bringing together OpenAI’s breakthrough technology with new Azure AI supercomputing technologies, our ambition is to democratize AI — while always keeping AI safety front and center — so everyone can benefit, Nadella concluded.

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