Jan 31, 2024

Microsoft says AI is getting deployed 'at scale'

Microsoft sales accelerated in the final months of 2023, lifted by demand for its artificial intelligence tools. The update came as Microsoft became the world's most valuable listed company, its market value soaring past Apple this month to more than $3tn. Chief executive Satya Nadella said Microsoft is applying AI "At scale". As the company provided a quarterly update to investors, the results confirm Microsoft as one of the leading companies as tech firms race to profit from an anticipated next wave of growth ushered in by advancements in AI. The tech giant has a large stake in OpenAI, the maker of the ChatGPT bot, which launched a wave of optimism about the new technological possibilities when it was released in 2022. The lawsuit, which also names Microsoft as a defendant, says the firms should be held responsible for "Billions of dollars" in damages. Microsoft has been incorporating AI-assisted tools for coding, and other purposes, into its software and other offerings for businesses.

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