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☆ Microsoft Copilot AI use extends deep into corporate America, but companies aren’t 100% sold
▼ + stars: | 2024-10-29 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +7 min

When asked whether it's been worth the cost ( $30 monthly per user in the case of Copilot), tech leaders say they aren't sure. According to recent Deloitte research, two-thirds of organizations are increasing gen AI investments based on "strong early value to date." There are multiple reasons why companies will still be short on confidence when it comes to enterprise AI adoption, according to Deloitte. The Azure cloud offering from its biggest AI partner and AI investment, OpenAI, is in use at nearly two-thirds of companies. Forty-six percent of CNBC survey respondents said that within their organizations at least half of employees are now using AI.

Persons: it's, Jim Rowan, Anthropic, Mistral, Eric Schmidt —, Morgan Stanley, Copilot, Rowan Organizations: CNBC, Microsoft, CNBC Technology, Council, Deloitte, Microsoft Microsoft, Fortune, Capital Group, Disney, Dow, Kyndryl, Novartis, Deloitte Consulting, Meta, Silicon, OpenAI, AIs Locations: Europe

☆ Microsoft downgraded on fear its AI lead over Amazon and Google is gone
▼ + stars: | 2024-09-23 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Analyst Gil Luria maintained his price target of $475, which is approximately 9% higher than where Microsoft stock closed on Friday. In particular, Amazon Web Services and Google Cloud Platform appear to pose the biggest threats to Microsoft's Azure cloud computing platform. But Amazon Web Services is now adding nearly as much cloud business, while Google Cloud Platform's current acceleration is comparable to that of Azure's last-quarter growth rates. "While Microsoft has discussed its Maia chips, it is years behind Amazon and Google and appears to be using them only to run Azure OpenAI Services workloads. We believe this means Microsoft has been escalating an arms race it may not be able to win."

Persons: D.A, Davidson, Gil Luria, Luria, Maia Organizations: Microsoft, Amazon Web Services, Google, Services, Amazon, OpenAI Locations: OpenAI

☆ Microsoft CEO Satya Nadella is reportedly worried about an OpenAI deal with Apple
▼ + stars: | 2024-05-30 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

Satya Nadella recently met with Sam Altman to discuss a new OpenAI deal, The Information reported. OpenAI recently sealed a major deal with Apple, according to the outlet. Microsoft is reportedly concerned about how the deal could affect its product ambitions. Satya Nadella recently met with Sam Altman to discuss an apparent deal between OpenAI and Apple, The Information reported. Nadella was reportedly concerned about the potential impact of a deal on Microsoft's product ambitions, per the report.

Persons: Satya Nadella, Sam Altman, OpenAI, —, Nadella Organizations: Apple, Microsoft, Service, Business

☆ OpenAI says it thwarted malicious state actors out of China, Russia, and North Korea, and one of them's called Salmon Typhoon
▼ + stars: | 2024-02-15 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

The company named the five actors — China-affiliated "Charcoal Typhoon" and "Salmon Typhoon," Iran-affiliated "Crimson Sandstorm," North Korea-affiliated "Emerald Sleet," and Russia-affiliated "Forest Blizzard." The Chinese mecha in the film was named "Crimson Typhoon," while the Russian mecha was called "Cherno Alpha." Adjectives are then added at the front to distinguish between threat actors within the same family. Besides "Crimson Sandstorm," Iran is also affiliated with "Lemon Sandstorm" and "Marigold Sandstorm." Besides monitoring and disrupting threat actors, the company said it has been working with industry partners to exchange information.

Persons: —, Guillermo del, OpenAI, Sandstorm, Sam Altman, Altman Organizations: Service, Microsoft, Business, Warner Bros Locations: — China, Iran, North Korea, Russia, Guillermo, Russian, China

☆ Ex-OpenAI director Reid Hoffman says we still don't 'fully know' why board forced out Altman
▼ + stars: | 2023-12-05 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Three weeks after OpenAI's board briefly pushed out CEO Sam Altman without providing a specific reason for its decision, former director Reid Hoffman says he's still puzzled by what took place and why. He stepped down from OpenAI's board in March and said he hasn't spoken with any of the board members, though he said he did communicate with Altman. Microsoft CEO Satya Nadella offered to hire Altman, OpenAI president Greg Brockman and their colleagues in a new advanced AI research group. "I do think that we're in a much better place in the world" to have Altman in the CEO seat again, Hoffman said. WATCH: Sam Altman returns as OpenAI CEO and Microsoft secures nonvoting board seat

Persons: Sam Altman, Reid Hoffman, he's, Hoffman, Altman, OpenAI, Ilya Sutskever, Altman wasn't, Helen Toner, Adam Selipsky, Microsoft's, Satya Nadella, Greg Brockman, quickliy, isn't Organizations: LinkedIn, Bloomberg, New York Times, Reuters, Yorker, Microsoft, Benz Locations: San Francisco, Las Vegas

☆ Microsoft briefly restricted employee access to OpenAI's ChatGPT, citing security concerns
▼ + stars: | 2023-11-09 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft CEO Satya Nadella speaks during the OpenAI DevDay event on November 06, 2023 in San Francisco, California. OpenAI CEO Sam Altman delivered the keynote address at the first ever Open AI DevDay conference. Having been trained on extensive internet data, ChatGPT composes human-like responses to people's chat messages. Earlier this week, CEO Satya Nadella appeared onstage alongside OpenAI's Sam Altman at the startup's first developer conference. Altman wrote in a post on X late Thursday that, "the rumors that we are blocking microsoft 365 in retaliation are completely unfounded."

Persons: Satya Nadella, Sam Altman, didn't, ChatGPT, OpenAI's Sam Altman, Altman, he's Organizations: Microsoft, CNBC, microsoft Locations: San Francisco , California, OpenAI, Sudan, Israel

Morgan Stanley raised its Microsoft stock outlook to the highest on Wall Street, implying the company once famous for Windows software will climb above a market value of $3 trillion because of artificial intelligence. The generative AI boom has already helped propel Microsoft's stock by almost 41% year to date — and Morgan Stanley's new price target implies it will climb another 23% over the next 12 months. Weiss raised his price target on Microsoft by 24%, to $415 from $335. Morgan Stanley called Microsoft its top pick among large-cap software stocks on account of the company's strong positioning in the generative AI boom. MSFT YTD mountain Microsoft stock Weiss said Microsoft has taken a "leading position" providing the "picks and shovels" of the AI boom — large language models, data management and other technologies.

Persons: Morgan Stanley, —, Morgan, Keith Weiss, Weiss, FactSet, — CNBC's Michael Bloom Organizations: Microsoft, Windows, Software, OpenAI

☆ Microsoft could soar 22% and will top a $3 trillion valuation as it's best positioned to monetize generative AI, Morgan Stanley says
▼ + stars: | 2023-07-06 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Microsoft stock is poised to top a $3 trillion valuation in early 2024 as it is best positioned to monetize generative AI, according to Morgan Stanley. "Microsoft likely emerges as an early 'Picks and Shovels' beneficiary" of generative AI, Morgan Stanley said. The bank called Microsoft stock a "Top Pick" and said it has 22% upside potential from current levels thanks to its "pole position" in the generative AI race that should help it quickly monetize the growing trend. And investors should see the impact of AI on Microsoft's financials sooner rather than later as increased datasets flow into bigger revenues for Microsoft's Azure cloud service. And although Microsoft's stock is up about 40% year-to-date, its valuation isn't stretched based on historical averages, "despite the unrivaled Generative AI positioning," Weiss concluded.

Persons: Morgan Stanley, —, Morgan Stanley's Keith Weiss, Weiss Organizations: Microsoft, Service, Apple, OpenAI Locations: OpenAI

☆ As Businesses Clamor for Workplace A.I., Tech Companies Rush to Provide It
▼ + stars: | 2023-07-05 | by ( Yiwen Lu | ) www.nytimes.com time to read: +1 min

It seemed to be a game-changer, Mr. Austin said. So in January, AT&T tried a product from Microsoft called Azure OpenAI Services that lets businesses build their own A.I.-powered chatbots. AT&T used it to create a proprietary A.I. assistant, Ask AT&T, which helps its developers automate their coding process. “Once they realize what it can do, they love it,” Mr. Austin said.

Persons: Mark Austin, ChatGPT, Austin, ” Mr Organizations: Microsoft, OpenAI Services

☆ Microsoft to offer OpenAI's GPT models to government cloud customers
▼ + stars: | 2023-06-07 | by ( ) www.reuters.com time to read: +1 min

[1/2] The Microsoft sign is shown on top of the Microsoft Theatre in Los Angeles, California, U.S. October 19,2018. REUTERS/Mike BlakeJune 7 (Reuters) - Microsoft Corp (MSFT.O) is bringing the powerful language-producing models from OpenAI to U.S. federal agencies using its Azure cloud service, it said in a blog post on Wednesday. The Redmond, Washington-based company has added support for large language models (LLMs) powering GPT-4 the latest and the most sophisticated of the LLMs from OpenAI, and GPT-3, to Azure Government. Microsoft generally offers it to Azure commercial cloud users through Azure OpenAI Services, which had 4,500 customers as of May. Microsoft said government customers can adapt the language models for specific tasks including content generation, language-to-code translation and summarization.

Persons: Mike Blake, Yuvraj Malik, Samrhitha, Maju Samuel Organizations: Microsoft, Microsoft Theatre, REUTERS, Microsoft Corp, Government, OpenAI, Thomson Locations: Los Angeles , California, U.S, Redmond, Washington, OpenAI, Bengaluru

☆ Goldman recommends buying call options in these two tech titans before their earnings reports
▼ + stars: | 2023-04-13 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Goldman Sachs recommends clients buy call options on Apple and Microsoft ahead of each company's earnings reports in two weeks. For Apple, Goldman thinks the mobile app spending portion of the company will beat Wall Street expectations and service revenue will become the main force behind earnings growth. "While app spending growth has slowed, as we lap recent benefits from consumer stimulus and engagement benefits due to the pandemic he expects app spending to resume mid-teens growth in F2024." AAPL YTD mountain Apple could beat expectations in mobile app spending and boost shares as investors look toward earnings, according to Goldman Sachs. "AI-related 12 April 2023 3 Goldman Sachs Weekly Options Watch workloads can also provide a boost to Azure over time.

☆ A.I. could drive $7 trillion in global growth in 10 years, Goldman estimates. Here's how to play it.
▼ + stars: | 2023-03-28 | by ( Pia Singh | ) www.cnbc.com time to read: +5 min

Within that, generative AI has a total addressable market of $150 billion, Goldman said. We believe Generative AI can streamline business workflows, automate routine tasks and give rise to a new generation of business applications," Goldman analysts wrote in a recent research report. But generative AI is able to produce new content such as text, video, images or computer code — putting it a step ahead. "Generative AI tools have far-reaching implications across industries, from enterprise software to healthcare, financial services and more," Goldman said. With the tech giants already incorporating it into their products, Goldman sees generative AI boosting sales, productivity and product innovation.

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