Venture Capital
The Microsoft store in New York City. | John Smith/VIEWpress/Corbis via Getty Images The reported $10 billion investment in OpenAI will keep the hottest AI company on Microsoft’s Azure cloud platform. Microsoft revealed last week that it will lay off 10,000 people throughout 2023. But don’t think that means the company is having money problems. On Monday, the company announced that it’s investing billions of dollars into the hot artificial intelligence platform OpenAI. This is Microsoft’s third investment in the company, and cements Microsoft’s partnership with one of the most exciting companies making one the most exciting technologies today: generative AI.

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