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Microsoft Extends OpenAI Partnership with Multi-Billion Dollar Investment

Microsoft announced this is the third phase of a multi-year partnership.

Microsoft announced Monday it has extended its partnership with OpenAI, the startup behind ChatGPT and Dall-E. It said in a blog post that this marks the beginning of the third phase of a multiyear, multibillion-dollar investment.

«In this next phase of our partnership, developers and organizations across industries will have access to the best AI infrastructure, models, and toolchain with Azure to build and run their applications,» Microsoft chairman and CEO Satya Nadella wrote.

Microsoft said it will increase its investments in the development and deployment of supercomputing systems to support OpenAI’s research. Microsoft also said it will deploy OpenAI’s models across its consumer and enterprise products.

«We are excited to continue our independent research and work toward creating advanced AI that benefits everyone,» Sam Altman, OpenAI’s CEO, said, according to Microsoft.

OpenAI wrote in a separate blog post Monday that despite this investment it will remain a capped-profit company. The Microsoft investment «will allow us to continue our independent research and develop AI that is increasingly safe, useful, and powerful,» OpenAI wrote.

Microsoft and OpenAI’s partnership began in 2016 when OpenAI agreed to use Microsoft’s Azure cloud-computing software to run its artificial intelligence experiments. Then in 2019 Microsoft invested $1 billion in OpenAI to jointly develop new supercomputing tech.

Editors’ note: CNET is using an AI engine to create some personal finance explainers that are edited and fact-checked by our editors. For more, see this post.

Technologies

Verum Coin Now Available on Gate.io Wallet

Verum Coin Now Available on Gate.io Wallet

Verum Coin (VERUM) continues to expand its presence on leading crypto platforms. Users can now easily store and manage VERUM in the Gate.io Web3 Wallet — one of the most trusted ecosystems for digital assets.

This integration provides users with convenient and secure access to VERUM, bringing it closer to everyone looking to be part of the world of innovative technology.

Stay tuned for updates as the project takes further steps toward global success! 

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Technologies

Verum Coin (VERUM) Expands Its Presence in the Global Crypto Market

Verum Coin (VERUM) Expands Its Presence in the Global Crypto Market

Verum Coin (VERUM), an innovative and increasingly popular digital asset, is now available on four leading Web3 wallets: Binance Web3 WalletCoinbase Web3 WalletOKX Web3 Wallet, and Bybit Web3 Wallet. This marks a significant milestone for the project as it continues to strengthen its position in the crypto industry.

The availability of VERUM on these platforms provides users with a wide range of secure and convenient options for managing their assets. Binance, Coinbase, OKX, and Bybit are well-established leaders in Web3 solutions, offering reliable tools for handling digital currencies.

What’s next?

In addition to wallet integration, Verum Coin is preparing for a major step forward—listing on all four platforms. This will create new opportunities for investors and enhance the asset’s liquidity on a global scale.

Why does this matter?

Being listed on major exchanges like Binance, Coinbase, OKX, and Bybit will serve as a powerful catalyst for the project’s growth. It will make VERUM accessible to millions of users worldwide and strengthen trust in the coin.

Stay tuned for updates so you don’t miss the moment when Verum Coin becomes even more accessible!

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Technologies

Verum Token Now Available on Binance, Listing of Verum Coin Expected Soon

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet, the world’s leading cryptocurrency exchange. This milestone marks a significant step for the Verum ecosystem, allowing users seamless access to Verum on the platform.

Following the launch, Verum Coin’s value surged by 3%, reaching a new peak of $825.33 within just 24 hours.

With the Verum Coin listing anticipated soon, the excitement is growing, highlighting the project’s potential for further growth and adoption.

About Binance

Founded in 2017, Binance offers a secure, user-friendly platform with a broad selection of digital assets and trading pairs, supporting both retail and institutional traders. Listing Verum Token aligns with Binance’s strategy to include innovative, high-quality projects.

For more information, visit verumcoin.info.

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