ChatGPT is just the tip of the iceberg! Microsoft bets big on artificial intelligence

Author丨Kony

Translator|Bugatti

When ChatGPT became popular around the world, many technology companies were worried and even alert. This artificial intelligence technology may become a breakthrough There is a variable in the market structure. But for Microsoft, this is a long-awaited opportunity.

As early as 2019, Microsoft invested US$1 billion in OpenAI, the company that developed ChatGPT, and made additional investments in the following years. Microsoft, which is seeking recovery, has high hopes for artificial intelligence, and the popularity of ChatGPT has just sounded the horn of hope for it.

After weeks of rumors, Microsoft confirmed a multi-billion-dollar partnership with OpenAI on January 23, but the extent of the cooperation and the company's ambitions in the field of artificial intelligence were not disclosed until the next day's earnings report. It was fully demonstrated during the conference call.

It is worth noting that according to some sources, Microsoft’s investment in OpenAI reaches approximately US$10 billion over a multi-year period. Just a few days ago, the technology giant announced that it would lay off 10,000 people to reduce costs in the face of economic turmoil throughout the technology ecosystem.

Microsoft is vigorously developing artificial intelligence and aims to be at the forefront of this emerging industry. CEO Satya Nadella said on the company's second-quarter earnings call on January 24: "The era of artificial intelligence has arrived, and Microsoft is powering this era."

Nadella believes that artificial intelligence will be "The next big wave in computing" believes that Microsoft's commitment to this technology now will help maintain the loyalty of existing customers and gain market share.

"As customers choose their cloud provider and invest in new workloads, we are well-positioned to capture the opportunity to become a leader in artificial intelligence. We have the strongest capabilities in the cloud "AI supercomputing infrastructure. Customers and partners, such as OpenAI, use this infrastructure to train state-of-the-art models and services, including ChatGPT," said Nadella.

Building on this, the CEO announced that Microsoft will add support for ChatGPT, allowing customers to use the chatbot in their own applications.

However, this is just the tip of the iceberg, because Microsoft has greater ambitions for cooperation with OpenAI, including Microsoft acting as its cloud provider with Azure.

Nadella said on the call that Microsoft aims to broadly deploy OpenAI’s models across its consumer and enterprise products; nearly 200 customers, including KPMG and Al Jazeera, are already using them Its Azure OpenAI service, which allows customers to deploy artificial intelligence models at scale.

Microsoft's cloud business, including Azure and other cloud services, has become a highlight in the company's financial report, with revenue reaching US$27.1 billion, a year-on-year increase of 22%, and the revenue of Azure and other cloud services has surged year-on-year. increased by 31%. The company expects cloud revenue to grow 17% next quarter.

When asked by Morgan Stanley analyst Keith Weiss to further explain the collaboration from an investor's perspective and whether its capabilities go beyond the Azure OpenAI service, Nadella reiterated that investors should view artificial intelligence as a "next step" "A big platform wave"; Microsoft hopes to be on top of this trend at an early stage to develop new solutions and new opportunities. He specifically pointed out that this prompted Azure to "transform into a core infrastructure business."

Nadella specifically noted that the company dominates the robotic process automation and workflow automation space due to its artificial intelligence capabilities. He claimed that "GitHub Copilot is the largest large language model (LLM, Large Language Mode)-based product on the market today," adding that the company intends to make the product range even broader.

We fully expect that we will incorporate artificial intelligence to some extent into every layer of the entire stack, whether it's used in a productivity environment or used in our consumer services," Nadella said. ”

Nadella specifically noted that he is excited about the growing popularity of OpenAI’s Azure-based ChatGPT, but he also noted that Microsoft’s relationship with OpenAI “is as much a business collaboration as it is an investment.”

Nadella said: "Fundamentally speaking, ChatGPT will promote innovation and competitive differentiation in each of Microsoft's solutions by leading the field of artificial intelligence."

Original link: https: //hackernoon.com/microsofts-big-ai-ambitions-go-beyond-just-openai-and-chatgpt

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