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☆ Why Nvidia's outlook will command the spotlight during next week's earnings report
▼ + stars: | 2023-11-16 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +8 min

Wall Street expects Nvidia (NVDA) to deliver another strong quarterly report Tuesday, as its cutting-edge artificial intelligence chips remain a hot, hard-to-get commodity. The recent trading in Nvidia's stock reflects that optimism, with shares up nearly 20% in November alone. "I don't like the so-called setup," Jim Cramer said, referring to the huge run-up in shares ahead of earnings. It's one piece of evidence behind investors' belief that Nvidia's upcoming earnings report will clear the high bar that's been set. Microsoft hasn't officially disclosed how the Maia 100's performance compares with Nvidia's top-end AI chip and AMD's MI300.

Persons: Jim Cramer, Jim, he's, —, Goldman Sachs, LSEG daa, Goldman, Morgan Stanley, workloads, Maia, Microsoft hasn't, BofA, Jim Cramer's, Hsun Huang, Patrick T Organizations: Nvidia, LSEG, Investor, Microsoft, Big Tech, Goldman, Street, Financial Times, Micro Devices, Wednesday, Google, Web Services, Bank of America, AMD, CNBC, Nvidia Corp, Mobile, Fallon, Bloomberg, Getty Locations: China, Los Angeles , California

☆ Microsoft is trying to reduce its reliance on OpenAI by developing a cheaper, less powerful AI model, report says
▼ + stars: | 2023-09-28 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Microsoft wants to break its reliance on OpenAI, per The Information. The decision is largely motivated by the cost of running advanced AI models, per the report. The company wants its in-house LLMs to be cheaper and smaller in size than OpenAI's. The decision is largely motivated by the spiraling costs of running advanced AI models, the publication said. Product teams were already working on incorporating the company's in-house AI programs into products such as Bing Chat, the people added.

Persons: —, OpenAI, Bing, Microsoft hasn't Organizations: Microsoft, Service, Google, OpenAI

The company introduced the Surface Laptop Studio 2 and the Surface Laptop Go 3, and unveiled enterprise availability for Microsoft 365 Copilot, its supplemental AI tool for core productivity apps such as Word and Excel. The Surface Laptop Studio 2 starts at $1,999, while the Surface Laptop Go 3 starts at $799. Surface Laptop Studio 2Microsoft Surface Laptop Studio Courtesy: MicrosoftThe Surface Laptop Studio 2 has a similar look and feel to the original model that launched in 2021. Surface Laptop Go 3Microsoft Surface Laptop Go Courtesy: MicrosoftThe Surface Laptop Go 3 is the latest update to Microsoft's entry-level laptop. The laptop starts at $799, an increase from the $599 starting price of the Surface Laptop Go 2.

Persons: Satya Nadella, Panos Panay, Aaron Woodman, Copilot, Woodman, you'll, It's, Sainsbury, Intel Iris, Brett Ostrum, Microsoft's, Ostrum, it's, Frank Buchholz Organizations: Microsoft Microsoft, Microsoft, Google, Microsoft's, Monday Microsoft, Bing, Windows, Carter, Intel, Nvidia, Laptop, CNBC Locations: New York, Panay

☆ Microsoft closes at record after revealing pricing for new A.I. subscription
▼ + stars: | 2023-07-18 | by ( Todd Haselton | ) www.cnbc.com time to read: +1 min

Microsoft CEO Satya Nadella speaks at the company's Ignite Spotlight event in Seoul on Nov. 15, 2022. Microsoft shares closed at a record on Tuesday after the company announced pricing for its new Microsoft 365 artificial intelligence subscription service. Microsoft's Copilot subscription service adds AI to the company's popular Office products like Word, Excel and Teams. Microsoft has been pouring money into generative artificial intelligence, largely through a multibillion-dollar investment in OpenAI, the creator of ChatGPT. Microsoft Copilot, first announced in March, can design presentations, offer writing prompts, summarize meetings and rank incoming emails.

Persons: Satya Nadella, Nadella, It's, Microsoft hasn't, — CNBC's Hayden Field Organizations: Microsoft, Goodyear, General Motors, CNBC, YouTube Locations: Seoul, OpenAI

☆ Microsoft CFO Amy Hood warned employees not to 'build a gold toilet'
▼ + stars: | 2023-07-06 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

From left, Tim Stuart, chief financial officer of Xbox at Microsoft; Phil Spencer, Microsoft's CEO of gaming; and Microsoft finance chief Amy Hood arrive to court in San Francisco on June 29, 2023. Microsoft's finance chief advised employees not to "build a gold toilet" during a 2018 meeting, according to emails that came up during federal court hearings last month over the software maker's planned Activision Blizzard acquisition. The quip might invoke a 2016 social-media claim (proven false by Snopes) that former President Donald Trump owned a solid gold toilet. "I've made that mistake on too many products, and I'm sure everyone else has too, when we've built features before we answered the core questions," Gluckstein wrote. Read the emails from Spencer and Gluckstein regarding Hood's "gold toilet" comments below.

Persons: Tim Stuart, Phil Spencer, Amy Hood, Donald Trump, MC Hammer, Catherine Gluckstein, Gluckstein, Xbox's, I've, we've, Spencer, xCloud, it's Organizations: Xbox, Microsoft, Activision Blizzard, Bluetooth, TAM, Cloud, Google, Federal Trade Commission Locations: San Francisco

☆ Microsoft's $13 billion bet on OpenAI carries huge potential along with plenty of uncertainty
▼ + stars: | 2023-04-08 | by ( Jordan Novet | ) www.cnbc.com time to read: +10 min

Microsoft's cumulative investment in OpenAI has reportedly swelled to $13 billion and the startup's valuation has hit roughly $29 billion. What does that mean for Microsoft's investment and broader arrangement? The structure changed in 2019, when two top executives published a blog post announcing the formation of a "capped-profit" entity called OpenAI LP. Microsoft has an exclusive license on GPT-4 and all other OpenAI models, the OpenAI spokesperson said. When considering potential exits for OpenAI, Microsoft — which does not hold an OpenAI board seat — would be the natural acquirer given its close entanglement.

In this article MSFT Follow your favorite stocks CREATE FREE ACCOUNTAn attendee interacts with the AI-powered Microsoft Bing search engine and Edge browser during an event at the company's headquarters in Redmond, Washington, US, on Tuesday, Feb. 7, 2023. Microsoft unveiled new versions of its Bing internet-search engine and Edge browser powered by the newest technology from ChatGPT maker OpenAI. When that prompt is entered into ChatGPT, the OpenAI tool generates three bulleted lists detailing examples of German Expressionism in film, music and literature. Bing not only presents lists of cinema, music, and literature representing German Expressionism, but it also gives users extra context about the artistic movement. At times the Bing chatbot opted not to do things that ChatGPT would do.

☆ Microsoft's landmark deal with OpenAI shows that ChatGPT is going to be the defining technology of 2023
▼ + stars: | 2023-02-02 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +7 min

It remains to be seen how generative AI will transform our lives, but the tech is here to stay. In 2022, investors put at least $1.37 billion into generative AI startups, usually at the seed stage. Why this iteration of ChatGPT made generative AI so popular right nowIt's important to note that nothing about ChatGPT or generative AI is especially new or novel. In other words, OpenAI's real innovation was taking AI technology that was already out there and making it something that was easy and accessible to anybody. That's one reason why there will be a lot more business uses for generative AI technology than consumer use cases in the near term, said Mark Shmulik, a Bernstein analyst.

☆ Microsoft is working on an AI called VALL-E that can clone your voice from a 3-second audio clip
▼ + stars: | 2023-01-18 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

VALL-E can clone someone's voice from a 3-second audio clip and use it to synthesize other words. It came as the tech giant plans to invest $10 billion in OpenAI's writing tool ChatGPT. VALL-E uses text-to-speech technology to convert written words into spoken words in "high-quality personalized" speeches, according to the 16-page paper. The tech giant released samples of how VALL-E would work, showcasing how the voice of a speaker is cloned. The AI tool is not currently available for public use and Microsoft hasn't made it clear what its intended purpose is.

☆ This stock is a better bet than even U.S. Treasurys, fund manager says
▼ + stars: | 2022-10-12 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Nick Griffin, chief investment officer at Munro Partners, is so bullish on one stock, he says it's a better bet than U.S. Treasurys. Griffin's Munro Global Growth Fund has outperformed the S & P 500 this year, although it was down around 15% as of Oct. 7. The S & P 500 saw a roughly 23% tumble over the same period. The fund, much like the S & P 500, is heavily weighted toward tech. Tech stocks have taken a beating this year as investors fled the growth part of the market amid volatility.

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