Microsoft
Microsoft Corporation is a multinational technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft is one of the largest and most influential technology companies in the world. The company's primary business is the development, licensing, and support of software, hardware, and related services.
In recent years, Microsoft has made significant investments in artificial intelligence (AI), developing a wide range of AI-powered products and services. These include Cortana, a virtual assistant that uses natural language processing and machine learning to help users manage their daily tasks, as well as a range of AI-powered productivity tools such as PowerPoint Designer and Excel Insights.
Microsoft also offers a variety of AI services for developers, including the Azure Machine Learning platform, which provides a suite of tools for building, training, and deploying machine learning models, and the Microsoft Bot Framework, which allows developers to create intelligent chatbots that can interact with users using natural language.
Microsoft invested $1 billion in OpenAI in 2019 as part of a partnership that made Microsoft Azure OpenAI's exclusive cloud provider, and in January 2023, it announced a new multiyear, multibillion-dollar investment in OpenAI. According to Brad Sills of Bank of America, Microsoft is attempting to reinvent its Bing search engine by incorporating both the OpenAI model and its own proprietary Prometheus model. According to analyst Justin Post, Microsoft Bing is unlikely to eat into Google's search market share, but Microsoft is leading the charge in AI-enabled enterprise use cases. MSFT stock, which closed at $256.87 on March 6, has a "buy" rating and a $300 price target from Bank of America.
Microsoft is a leading player in the AI industry, leveraging its extensive resources and expertise to develop innovative AI-powered solutions that are transforming the way we live and work.
Founded: 1975
Headquarter: Redmond, Washington
Website: https://microsoft.com
