Microsoft, Outlook
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Microsoft President Brad Smith unveils the new Microsoft Elevate AI skilling initiative Wednesday at the Museum of History and Industry. (GeekWire Photo /
A group of Microsoft Corp. investors is pressuring the company to assess how effectively it identifies customers who misuse its artificial intelligence tools, a push that follows reports detailing the Israeli military’s use of Microsoft software during its war in Gaza.
Microsoft plans to donate $4 billion worth of cash, technology and training to enhance artificial intelligence education, a substantial bequest as the Redmond software giant aims to make billions more off a technology it expects to be on par with the introduction of electricity.
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“We believe Microsoft will also hit the $4 trillion market cap club this summer and then over the next 18 months the focus will be on the $5 trillion club,” wrote Wedbush analyst Dan Ives and colleagues in a note to clients, saying they believe the AI-driven tech bull market is still in its early phases.
Microsoft’s chief commercial officer Judson Althoff noted AI has been so useful that Microsoft was able to save more than $500 million last year in its call center alone.
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A group of leading tech companies is teaming up with two teachers’ unions to train 400,000 kindergarten through 12th grade teachers in artificial intelligence over the next five years.
Microsoft President Brad Smith spoke with CNBC's Jon Fortt on the role AI will play in the workforce moving forward.
The sustaining growth of the company’s AI revenue and cloud platform Azure are not fully priced into the stock, Oppenheimer analysts said.
Microsoft said it would provide cash, artificial intelligence tools and computing services to schools, colleges and nonprofit groups.
A recently laid-off project manager says that deals for Xbox Game Pass games (that Microsoft doesn't already own) range from $50K to $50 million or more.