Microsoft Corp. (MSFT)
Microsoft announces new PCs with AI chips from Qualcomm
Microsoft wants to deliver Windows PCs that can keep up with Apple's MacBooks on artificial intelligence performance and strong battery life.
Microsoft is about to show off its next move in AI. Here's what to expect.
Microsoft is expected to unveil updates on Copilot, Azure, and its Surface lineup this week. Analysts say Microsoft's AI and cloud innovations are underestimated by the stock market.
Stock market today: US stocks mixed as Wall Street gears up for big week of AI updates
US stocks were mixed on Monday, wavering slightly after last week's run to record highs in the wake of an encouraging April inflation report. Investors' main focus this week will be on artificial intelligence, with Nvidia earnings set to be released after the market close on Wednesday. Investors expect the company to report quarterly sales of nearly $25 billion, which is about four times the $6.5 billion in revenue it did in the year-ago quarter. Microsoft's 2024 Build Conference is the other big AI event of the week, and will showcase new hardware and software products from the company. "We expect Microsoft to push Copilot further into its consumer/enterprise product stack and more integration with Excel, Teams, Word along with new Surface products and Windows features front and center," Wedbush analyst Dan Ives said in a Monday note. On the economic front, investors will be hearing from nine Federal Reserve officials on Monday and Tuesday. Data releases this week include the minutes from the Fed's May FOMC meeting, existing home sales on Wednesday morning, and PMI data on Thursday. Here's where US indexes stood shortly after the 9:30 a.m. opening bell on Monday: Here's what else is going on today: In commodities, bonds, and crypto:
Microsoft to bet big on AI at Seattle Build conference
Microsoft Corp (NASDAQ:MSFT)'s Build developer conference kicks off this week and analysts at Wedbush expect the world's most valuable company to focus on showcasing artificial intelligence advancements across its PC and Windows segments. Anticipated highlights include the integration of ChatGPT-powered Copilot into Microsoft's consumer and enterprise products.
Is Zoom Video A Buy Amid Artificial Intelligence Software Race?
Amid the emergence of generative AI, new corporate products and services could boost Zoom stock but Microsoft looms.
Microsoft to unveil AI devices and features ahead of developer conference
Microsoft plans to announce several pieces of hardware and software related to consumer devices on Monday at an event at its Redmond, Washington, campus.
South Korea, Britain host AI summit with safety top of agenda
South Korea and Britain kick off a major international summit on artificial intelligence in Seoul this week, where governments plan to press tech firms on AI safety. The meeting is a follow-up to the inaugural global AI safety summit at Bletchley Park in Britain last year, where dozens of countries voiced their fears to leading AI firms about the risks posed by their tech. Safety is again on the agenda at the AI Seoul Summit starting Tuesday and representatives are expected from leading AI firms, including ChatGPT maker OpenAI, Google DeepMind, French AI firm Mistral, Microsoft and Anthropic. "As with any new technology, AI brings new risks, including deliberate misuse from those who mean to do us harm," South Korean President Yoon Suk Yeol and UK Prime Minister Rishi Sunak said Monday in a joint article. "However, with new models being released almost every week, we are still learning where these risks may emerge," they said in the piece, published by the South Korean daily JoongAng Ilbo and Britain's i newspaper. The stratospheric success of ChatGPT soon after its 2022 release sparked a gold rush in generative AI, with tech firms around the world pouring billions of dollars into developing their own models. Generative AI models can generate text, photos, audio and even video from simple prompts, and its proponents have heralded them as a breakthrough that will improve lives and businesses around the world. But critics, rights activists and governments have warned that they can be misused in a wide variety of situations, including the manipulation of voters through fake news stories or so-called "deepfake" pictures and videos of politicians. Dramatic changes Many have called for international standards to govern the development and use of AI. "When we meet with companies at the AI Seoul Summit, we will ask them to do more to show how they assess and respond to risk within their organizations," Yoon and Sunak wrote. "We will also take the next steps on shaping the global standards that will avoid a race to the bottom." The Seoul summit comes days after OpenAI confirmed that it had disbanded a team devoted to mitigating the long-term dangers of advanced AI. The two-day summit will be partly virtual, with a mix of closed-door sessions and some open to the public in Seoul. However, a group of six South Korean civil society organizations, including the prominent Peoples Solidarity for Participatory Democracy, criticized the summit's organizers for not including more developing nations. "It would be beneficial to discuss international norms for AI in a more open forum where all countries and diverse stakeholders from around the world can participate equally, rather than in an elite club of a few developed countries," they said in a joint statement on Monday. In addition to safety, the summit will discuss how governments can help spur innovation, including into AI research at universities. Participants will also consider ways to ensure the technology is open to all and can aid in tackling issues such as climate change and poverty. "It is just six months since world leaders met at Bletchley, but even in this short space of time, the landscape of AI has changed dramatically," Yoon and Sunak said. "The pace of change will only continue to accelerate, so our work must accelerate too." France will host the next AI safety summit. © 2024 AFP
Bill Gates Recommends A New Book On AI And Education: 'You Need To Read This'
Bill Gates, the co-founder of Microsoft Corp MSFT, has recommended a new book that explores the intersection of artificial intelligence and education. What Happened: Gates recently took to social media to endorse “Brave New Words: How AI Will Revolutionize Education (And Why That’s a Good Thing)” by Sal Khan, the CEO of the education nonprofit Khan Academy. The book delves into the potential of AI to transform the education sector, offering a vision of how AI can be used to enhance learning opportunities for all students. "If you're passionate about education, you need to read this book," Gates wrote on social media platform X. "Sal offers a compelling vision for harnessing AI to expand opportunity for all." See Also: Days After Facing Lawsuit For Drug Use, Musk Says He Would Take Cocaine If It Boosted ‘Long-Term Productivity‘ Why It Matters: Gates’ endorsement of Khan’s book underscores the growing role of AI in education. This development aligns with the broader trend of AI’s increasing influence across various sectors, including education, as highlighted in a recent book by Mustafa Suleyman, the co-founder of Google‘s DeepMind AI lab. Suleyman, who recently joined Microsoft, described his experience at Microsoft as “truly transformational,” emphasizing the company’s strong AI culture. However, the recent mass exodus from OpenAI’s AI safety team due to a loss of faith in the company’s leadership raises concerns about the ethical implications of AI’s rapid advancement. This issue was also highlighted by OpenAI CEO Sam Altman, who described the current AI capabilities as “incredibly dumb” compared to what’s coming next.
A Once-in-a-Generation Investment Opportunity: Here's 1 Artificial Intelligence (AI) Stock to Buy in May and Hold Forever
Microsoft has implemented AI-powered features across all aspects of its ecosystem. The company's revenue growth is impressive, and is supplemented by soaring profitability.
Nvidia Has Gained Over $1 Trillion in Market Cap in 2024. Can It Do It Again to Surpass Microsoft and Apple to Become the Most Valuable Company in the World?
Nvidia still doesn't look expensive based on forward earnings estimates. The bar is high, but Nvidia can deliver.
Microsoft set to unveil its vision for AI PCs at Build developer conference
Microsoft Build 2024 starts Tuesday, and the company is expected to talk about how Windows will power new "AI PCs."
Missed Out on Nvidia's Run-Up? My Best Artificial Intelligence (AI) Stock to Buy and Hold
Nvidia stock has become expensive following its tremendous run on the stock market in the past year. Microsoft is trading at a relatively attractive valuation, especially considering that its growth could accelerate thanks to AI.
