MSFT - 'Real Deal': Amid Microsoft Google Earnings Techpreneur Says By 2030 Companies Not 'Fully Utilizing AI' Will Be 'Out Of Business' | Benzinga
Renowned tech entrepreneur, Peter H. Diamandis, anticipates AI to be a significant driver of earnings growth for Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) and Microsoft Corporation (NASDAQ:MSFT).
What Happened: During CNBC’s “Last Call” on Thursday, Diamandis stated, "This is the real deal," referring to the role of AI in boosting earnings for Alphabet and Microsoft.
“There are two kinds of companies by 2030: those fully utilizing AI, and those that are out of business,” he said.
Diamandis highlighted that in order to succeed in the AI sector, companies would need to look at their resources such as teams, data pool to train AI models, the means to generate revenue from AI and more. He commended Microsoft, Google, Meta, and Elon Musk’s X.Ai which are “playing full out” when it comes to utilizing AI.
"This is the real deal," says serial tech entrepreneur @PeterDiamandis on AI driving earnings growth for and . "There are going ...