Today, I’m excited to share another significant commitment by Microsoft to democratize AI, a new Microsoft Ventures fund for investment in AI companies focused on inclusive growth and positive impact on society. I also have an update about the growth of our overall portfolio of companies.
AI holds great promise to augment human capabilities and improve society by tackling some of the world’s biggest problems. Our recently announced partnership with OpenAI is a key example of us working to use AI to address important issues such as climate change, inequality, health and education. Building on that, our participation in the Partnership on AI, and other efforts, we’ll make investments in startups that are responsibly harnessing the promise of AI to empower people and businesses.