Posted 4/15/2024, 8:43:08 AM
Microsoft Bets Big on AI with New London Hub and ChatGPT Ties, But iPhone Moment Claim Seen as Premature
- Microsoft is investing in AI technology and development, including opening an AI hub in London led by a DeepMind co-founder
- An analyst compared Microsoft's current AI momentum to Apple's "iPhone moment," indicating huge potential
- Microsoft has a 49% stake in ChatGPT creator OpenAI, linking it to the red hot AI chatbot
- It's reasonable to continue holding Microsoft stock for AI exposure, though the "iPhone moment" claim may be premature
- Microsoft earns a "B" grade and offers investors participation in the promising AI tech market