Microsoft's Satya Nadella Doesn't Think Now Is the Time to Stop on AI

The last year has been characterized by a rush of new artificial intelligence (AI) programs being released into the world since OpenAI, a lab backed by Microsoft, launched ChatGPT in November 2022. Both Microsoft and Google rolled out products in March that they say will use AI to transform work, and IBM's CEO Arvind Krishna said the company's AI tool will be able to reduce 30 to 50% of repetitive office work. Since taking the helm at Microsoft in 2014, at a time when its market dominance with traditional software offerings was waning, Satya Nadella has focused on ensuring the company remains relevant. . The company has invested heavily in Azure, its cloud computing platform, and in AI, pouring at least $13 billion in the leading lab OpenAI. Microsoft's share price has risen nearly tenfold since Nadella became CEO, outperforming the S&P 500, which has merely doubled its value over the same time.