Is Microsoft Stock A Buy As Software Giant Touts Artificial Intelligence?

Autor: SEITZ, PATRICK (AUTHOR)
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Zdroj: Investors Business Daily. 5/20/2024, pN.PAG-N.PAG. 1p.
Abstrakt: Microsoft, a software giant, has been praised for its advancements in artificial intelligence (AI), leading to an increase in its stock value. The company, founded by Bill Gates and Paul Allen in 1975, initially focused on PC operating system software and later expanded into various areas such as cloud computing, productivity software, and video games. Microsoft has been investing in AI startup OpenAI and incorporating AI technology into its products, including Bing search engine, Edge web browser, and Office productivity applications. While Microsoft faces challenges, such as mixed reviews for its Office Copilot services and a copyright infringement lawsuit, it remains a prominent player in the software market and is considered a top AI winner among software stocks. [Extracted from the article]
Databáze: Regional Business News
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