“We are excited to collaborate with Axelar to accelerate blockchain integration and deliver valuable solutions to our customers,”
, director of business development at Microsoft's Web3 & AI division, said in a statement. “By leveraging our strengths and expertise, we can empower organizations to embrace blockchain technology and transform their operations.”The two companies have agreed to explore the development of solutions that include connecting private and public blockchains, and leveraging and integrating with Microsoft-offered OpenAI services on Azure.
“The shared vision inspired us to partner with Microsoft to provide an extensible interoperability layer for the Azure community, from fast-growing Web3 startups to global enterprises,” said Axelar co-founder Sergey Gorbunov. “With Microsoft, we are now also able to explore new frontiers in Web3, such as blockchain-enabled OpenAI services and the integration of AI in future Web3 applications.”
It’s not uncommon for Microsoft to partner with crypto projects to offer their services on its cloud platform. In February, the tech giant© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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