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Microsoft's stock hits record after executives predict $10 billion in annual A.I. revenue (www.cnbc.com)

submitted 1 year ago by adora@kbin.social to c/tech@kbin.social

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Microsoft's expanding opportunity in the artificial intelligence market has reinvigorated investor excitement and lifted the stock to a record.

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[–] PabloDiscobar@kbin.social 2 points 1 year ago

"There is all of the people who want to come use our infrastructure, whether they're training their own models, whether they are running an open-source model they've got or whether they are making API calls into one of the big frontier models that we've built with OpenAI," Scott said.

Oh, Microsoft has no product. You have to bring your own product. All they have is servers. They are renting servers.