Microsoft Monetizes AI Potential As More Customers Win Access To OpenAI Resources


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  • Microsoft Corp (NASDAQ:MSFT) granted more customers access to the software behind popular artificial intelligence tools made by OpenAI.
  • OpenAI grabbed eyeballs courtesy of its chatbot ChatGPT, adept at answering questions and writing essays and poems, and image generator Dall-E 2, which turns language prompts into novel images.
  • The Azure OpenAI Service will allow any business to apply for access generating the potential for more AI-infused products, the Wall Street Journal reports.
  • Previously Microsoft and OpenAI had restricted the number of businesses that had access to the tools.
  • Also ReadMicrosoft Said To Be Discussing $10B Investment In ChatGPT Owner As Part Of Complex Deal
  • Microsoft chose to offer access to GPT-3.5, Dall-E 2, and a codewriting tool, Codex, which can turn natural language prompts into code. Microsoft plans to make ChatGPT available for businesses shortly.
  • Microsoft worked to rebrand itself as the vanguard of the AI revolution and put OpenAI’s tools into its software. 
  • OpenAI’s tools like GPT-3 are already a rage among some startups like Jasper and Yoodli.
  • The AI industry will likely trigger a battle among the big cloud hostings providers like Amazon.com Inc (NASDAQ:AMZNAmazon Web Services, and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGLGoogle Cloud for the preferred cloud provider crown.
  • Price Action: MSFT shares traded lower by 0.17% at $238.82 in the premarket on the last check Tuesday.
  • Photo Via Wikimedia Commons

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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