Microsoft has gone all in on artificial intelligence (AI), pouring $10 billion in the OpenAI startup — and that’s just the opening gambit. Expect many more billions to follow.
There’s good reason for that investment. AI will reap many billions in revenue for the company, particularly its cloud business. Microsoft already has released a public preview of its cloud-based Azure OpenAI service which will allow businesses to use AI without having to build infrastructure. Yesterday it unveiled plans to add AI to Bing in a bid to take market share from Google. And it will probably be built into the guts of Office to improve user productivity.