Microsoft, Elon Musk's AI Group Strike Partnership, Cloud Deal

Microsoft Corp. struck a partnership with Elon Musk's artificial intelligence research group, OpenAI, and said the organization will use the company's Azure cloud system for most of its large-scale experiments. OpenAI has been an early customer for Microsoft's Azure N-Series Virtual Machines, a powerful cloud-computing service that relies on Nvidia Corp. graphical processing units. The two will also collaborate on ways to advance AI research and its use, Microsoft and Open AI said Tuesday in blog posts. "In the coming months we will use thousands to tens of thousands of these machines to increase both the number of experiments we run and the size of the models we train," OpenAI said in its post. Everything you need to know about what's moving markets, in your inbox daily.