Microsoft set to invest $60M in Energy Department’s Genesis Mission
Summary
Microsoft will invest $60 million in the U.S. Department of Energy’s Genesis Mission to help speed up scientific discoveries using artificial intelligence (AI). Most of the funds will provide computing power and cloud services to support large AI projects over the next three years.Key Facts
- Microsoft is investing a total of $60 million in the Genesis Mission.
- The Genesis Mission is a program by the U.S. Department of Energy.
- The goal of the mission is to speed up science and technology using AI.
- $40 million of Microsoft’s investment will go to cloud computing and AI credits on Microsoft Azure.
- These resources will support large AI and scientific projects for three years.
- The remaining $20 million will support other aspects of the Genesis Mission.
- Microsoft’s investment helps the government advance AI technology.
- Azure is Microsoft’s cloud platform, offering computers and storage over the internet.
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