The partnership will be devoted to developing advanced AI models on Microsoft’s Azure cloud computing platform while adhering to “shared principles on ethics and trust,” the companies said in a joint release.
OpenAI’s main goal is to ensure artificial intelligence can be deployed safely and securely so its economic benefits are widely distributed. Microsoft will become the preferred partner for commercializing new “supercomputing” artificial intelligence technologies developed as part of the initiative.
“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 Microsoft chief executive Satya Nadella.
–(BUSINESS WIRE)– Enlitic, a privately-held company utilizing artificial intelligence to streamline medical imaging workflows for radiologists, announced the close of its $15M Series B financing round. The investment was led by Marubeni, with whom the company has been developing the Japanese market since 2017.
The round saw further investment from Capitol Health, who previously led the company’s Series A in 2016, as well as new participation from several top investors in Australia.
Kevin Lyman, CEO of Enlitic, commented:
“Radiologists have one of the hardest jobs in the world. They need to be able to identify thousands of different abnormalities in hundreds of different types of images. Even a single mistake can mean life or death, and yet they’re asked to read under tremendous time pressure in an environment full of distractions.”