Microsoft CEO Satya Nadella defended his company's multi-billion dollar investment in ChatGPT developer OpenAI on Tuesday, following investigations by the EU and UK into whether it constituted a merger.

Nadella said, "If we want to compete with some of the fully formed players in the AI field, I think partnerships are actually a way to compete."

"I believe regulators will see that and say, 'Is this a cooperative relationship that actually enhances competition?' I think that's unquestionable."

Since 2019, Microsoft has invested billions of dollars in OpenAI and launched the ChatGPT chatbot at the end of 2022, putting AI in the spotlight.

ChatGPT has showcased impressive advancements in AI, as it can generate captivating poetry and concise articles within seconds, and even pass medical and legal exams.

However, with its increasing popularity comes heightened scrutiny, and now the EU and UK antitrust regulators are reviewing Microsoft's partnership with OpenAI.

Nadella insists that the recent rapid development in AI has come after Microsoft took risks.

"If Microsoft hadn't taken the high-risk decisions, hadn't made these investments, supported OpenAI, and gone all-in on a particular form of computation, we wouldn't have had these breakthroughs, we wouldn't have what we have today."

Last year, OpenAI went through a turbulent period, with CEO Sam Altman being ousted and then shockingly returning. Nadella says Microsoft now just wants a "stable partnership."

With tens of billions of people preparing to head to the polls this year, including Microsoft based in the US, he also seems confident in limiting the risks of AI in elections.

He said, "This is not the first election where misinformation or disinformation has been present, and intervening in elections is a real challenge that all of us have to deal with." "As a company, we have to do our best."