Bloomberg/Bloomberg via Getty Images Microsoft (NASDAQ: MSFT ) Chief Executive Satya Nadella wasted little time Tuesday in laying out the software titan’s new philosophy behind its push into artificial intelligence technology. Speaking on a conference call to discuss Microsoft’s ( MSFT ) fiscal second-quarter results, Nadella said the company’s emphasis on AI is based in large part on a "changing [business] environment" that is resulting from customers that are looking to optimize their own spending on technology "given the [ongoing] economic uncertainty." Nadella said the realities of the market have had an impact on Microsoft’s ( MSFT ) own priorities. "Maximum [business] value gets created during shifts in the market," Nadella said. "We are well positioned to capture the opportunities in AI used by customers like OpenAI." Nadella’s comments came one day after Microsoft ( MSFT ) confirmed it has made a "multiyear, multibillion dollar" investment in ChatGPT developer OpenAI. Microsoft ( MSFT ) didn’t disclose the exact amount of its investment, but various reports pegged it at $10B . Last week, Microsoft ( MSFT ) said it would begin integrate ChatGPT into its Azure cloud services offerings . On Tuesday, Nadella said Microsoft ( MSFT ) has already […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
