How Microsoft catapulted to US$3 trillion on the back of AI

Microsoft CEO, Satya Nadella. (Image: Getty)

Mon, 29 Jan 2024

By Tom DotanMicrosoft on Thursday became the second company ever to end the trading day valued at more than US$3 trillion (NZ$4.9t), a milestone reflecting investor optimism that one of the oldest tech companies is leading an artificial intelligence (AI) revolution.In the past decade, Microsoft’s success has come from smart bets by chief executive Satya Nadella. One of his biggest gambles in recent years has been partnering with an untested nonprofit startup – generative AI pioneer OpenAI – and quickly folding its technology i...

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