You won't have to wait long to see the latest developments in the partnership between Microsoft and OpenAI. Microsoft has scheduled an event for tomorrow at its Redmond headquarters at 1 PM Eastern, where CEO Satya Nadella will unveil some "exciting projects." The spotlight is expected to be on the integration of ChatGPT into Bing and other applications of this conversational AI technology.
Microsoft has made significant investments in OpenAI’s ecosystem, launching tools like a DALL-E graphic design app, a natural language programming assistant, and a Teams Premium service featuring AI translations and chapters. Notably, ChatGPT will soon be available through Azure cloud services, and Microsoft recently introduced a GPT-based text generator specifically trained on medical literature. The much-anticipated Bing feature could be the most notable collaboration with OpenAI to date, providing users with conversation-style answers instead of standard search result cards.
Microsoft first invested in OpenAI in 2019 and followed up with additional funding in 2021. Recently, the company made headlines with a multibillion-dollar agreement, reportedly valued at around $10 billion over several years.
As Microsoft advances, Google is also making waves with its AI initiatives. The company recently showcased Bard, a ChatGPT-inspired service, which is currently available in a limited capacity to select users. Google aims to ensure Bard meets rigorous standards for quality and safety to prevent issues similar to those encountered with OpenAI's products.
Both tech giants are facing pressure in a competitive landscape. Google, which was initially hesitant to release its AI offerings, shifted its strategy after recognizing ChatGPT's potential impact on its search operations. Microsoft, striving to break into the competitive search market, sees OpenAI's technology as a strategic advantage over rivals, including Google.