TECH - Satya Nadella Microsoft Leading 'AI Arms Race' Says Tech Bull Amid Redmond's Slew Of New Copilot Announcements | Benzinga
Microsoft Corp.'s (NASDAQ:MSFT) AI announcements at the ongoing Build developer conference have Wedbush's Dan Ives excited about the path forward for the Satya Nadella-led company.
What Happened: In an interview with CNBC, tech bull Ives expressed optimism about how far Microsoft has come with its AI strategy, amid a slew of Copilot-powered announcements at the Build conference.
The primary driver of Ives' enthusiasm is Microsoft's Copilot strategy. "When it started out, we had 3 out of 10 customers looking to go Copilot. Now, it's 7 of every 10. I think it's just been massive in what type of adoption we're seeing."
While Copilot has largely been aimed at business customers, Microsoft unveiled a slew of AI PCs at the Build conference, in partnership with its original equipment manufacturers (OEM) and Qualcomm Inc. (NASDAQ:QCOM).
Ives described this as a "pivotal week for Microsoft and Nadella in this AI Arms Race."
Great to be on with @cnbcSri ...