In 2023, as AI is rising very quickly providing exceptional results for companies & their products, more and more companies are establishing AI at their disposal for automating Finances, Strategies, Adverts, Supply Chain & Risk Management etc. Meanwhile, Satya Nadella (Present Chairman & CEO of Microsoft) is ridiculously spending company’s money to invest in AI Tech.
Let’s review the “where” & “how much”?
- Starting in 2019, the tech giant decided to invest $1 Billion in OpenAI parent creator of the latest AI chatbot ChatGPT. OpenAI holds several AI projects developed like Jukebox or VALL-E growing in Music, Graphic Designing, Fintech, Business, Legal and other industries resulting in a credit & monetary boost for Microsoft.
- On the other hand, GitHub a software development & version controlling website with provisional hosting services also owned by Microsoft recently launched GitHub Copilot. GitHub Copilot uses the OpenAI Codex to suggest code and entire functions in real-time, right from your editor. Trained on billions of lines of code, GitHub Copilot turns natural language prompts into coding suggestions across dozens of languages. This can be installed as an extension on Microsoft Dev Products like VS Code.
- DALL-E an OpenAI product that generates images that don’t exist using Neural Networks in AI. OpenAI has developed a DALL-E engine that powers the Bing Image Creator.
- Next, GPT-3 (3rd Generation Generative Pre-Trained Transformer) is now integrated with Microsoft Office Products like Word, Excel and PowerPoint, making them operating using Neural Networks and Machine Learning. The main reason to do this was to get a head start with Azure Machine Learning, as Microsoft is aiming to make the biggest breakthrough yet by planning to build a supercomputer run on Azure, in other words a Cloud Supercomputer operating in real-time!
- Most of us use Google search as our default search engine because of the whole Device Browser Ecosystem that we are adjusted around. As, GPT can provide text as well as image solutions, Bing is now powered by GPT to provide search results beyond reality to fight its archnemesis Google Search Engine.
Now all of this is super great and Satya Nadella is probably feeling like Michael Jordan of the tech CEO’s. Yet, he plans to pour $10 Billion in OpenAI in return for 49% stake plus 75% profit! OpenAI and Microsoft have developed the perfect transactional relationship in terms of Revenue, Data and AI Solutions. Another ongoing under-development project VALL-E an AI Voice model that just requires a 3s of input and the plan just goes on.
To conclude, Microsoft is thriving in the land of Automation and AI with OpenAI. Surely this will probably cause a setback for companies like Apple unless they’re planning something too. 👀