Microsoft Bets Big on AI: Invests $13B in OpenAI and Integrates ChatGPT into Products, Eyeing $25B+ Annual Revenue

• Nvidia CEO Jensen Huang said recent AI advancements like ChatGPT mark "the beginning of a new world" • Microsoft invested $13B in ChatGPT creator OpenAI and is integrating AI into products like Copilot • Copilot streamlines tasks in Microsoft 365 and provides AI assistance for coding, sales, service, etc. • Estimates show Copilot could bring Microsoft $25B-$100B annually in revenue • Microsoft stock trades at 35x forward sales despite vast revenue potential from AI