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

Microsoft Corp 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 Read: Microsoft 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 code–writing 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 AMZN Amazon Web Services, and Alphabet Inc GOOG GOOGL Google 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.
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