Prime Allied Limited - Microsoft's Next Act: Regaining Tech Leadership through AI

CENTRAL, Hong Kong - Oct. 20, 2023 - PRLog -- Now, the computer titan is targeting a leading role in the current hot technological trend: artificial intelligence (AI).

And Wall Street is watching closely.

The stakes for Microsoft stock are significant. The latest battleground in technology is generative AI. The stakes are especially high for cloud computing service providers such as Microsoft, which is betting big on the trend.

Indeed, many Wall Street analysts believe artificial intelligence could power Microsoft's next growth narrative, perhaps propelling the corporation to a new age of industry supremacy.

The real test will come next year, when Microsoft unveils a more comprehensive AI arsenal. The firm is removing its corporate Copilot generative AI products from beta testing, allowing clients to access more powerful technologies for business operations, such as AI-enabled versions of frequently used apps such as Word, Excel, PowerPoint, Outlook, and Teams. Microsoft revealed last month that Microsoft 365 Copilot, which includes Office, will be available to corporate customers on November 1.

The software behemoth also looks to be making hardware moves. Microsoft is apparently developing its own AI chip, tackling a major section of the artificial intelligence industry controlled by Nvidia (NVDA).

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