TECH - Microsoft Is Betting Big on AI Outpacing Rivals with New Strategy | Benzinga
Satya Nadella, CEO of Microsoft Corp (NASDAQ:MSFT), bet the company’s future on artificial intelligence by partnering with OpenAI, the creator of ChatGPT.
Recently, Nadella has diversified Microsoft’s AI investments. Nadella has pursued new global partnerships and invested in various AI startups, including a $1.5 billion investment in an Abu Dhabi-based firm in April.
He has also started building an in-house AI team to potentially compete with OpenAI, the Wall Street Journal reports.
To lead this initiative, Nadella recruited Mustafa Suleyman, co-founder of DeepMind and Inflection AI. Suleyman brought his team from Inflection to Microsoft, where they are developing an AI model that is on par with OpenAI’s technology.
The WSJ claims that this internal AI model could replace some of Microsoft’s existing OpenAI-based products.
Microsoft remains the top contender among Apple Inc (NASDAQ:AAPL) and Nvidia Corp (NASDAQ:NVDA) in the race to a $4 trillion market capitalization.
Chip companies ranging from Nvidia ...