Posted 1/31/2024, 4:57:16 AM
Microsoft's AI Bets Pay Off, Fueling Resurgence From Lost Decade
- Microsoft missed the mobile revolution in the 2010s and feared becoming irrelevant
- Under CEO Satya Nadella, Microsoft invested early and heavily in AI, especially via an investment in OpenAI
- Microsoft is now seeing record revenues and profits, surpassing Apple as the world's most valuable company
- With products like ChatGPT, Microsoft is positioned to be a leader in the AI boom
- From struggling in the 2010s to being called "back" today, Microsoft has had a major resurgence based on Nadella's bets on cloud, AI, and partnerships