tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Google selected by OpenAI for cloud deal, Reuters reports

Microsoft (MSFT)-backed OpenAI plans to add Google’s (GOOGL) cloud service to meet its growing needs for computing capacity, Reuters’ Kenrick Cai and Krystal Hu report, citing three sources. The deal, which has been under discussion for a few months, was finalized in May, one of the sources says. Google’s cloud unit will supply additional computing capacity to OpenAI’s existing infrastructure for training and running its AI models, the sources say.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1