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Microsoft Is Playing the Long Game in Artificial Intelligence

TheMotleyFool

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Microsoft Is Playing the Long Game in Artificial Intelligence: https://g.foolcdn.com/editorial/images/716716/microsoft-openai.png

Microsoft (NASDAQ: MSFT) is reported to be investing $10 billion into OpenAI, the creator of ChatGPT. The company's cloud resources, business customers, and large amount of data resources make it a perfect partner to improve the artificial intelligence models and create a business model for it. Travis Hoium covers why Microsoft isn't doing this for headlines, it's playing the long game.

*Stock prices used were end-of-day prices of Jan. 12, 2023. The video was published on Jan. 17, 2023.

Source Fool.com

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