Microsoft still has ‘a mountain to climb’ despite AI and ChatGPT efforts

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Microsoft still has ‘a mountain to climb’ despite AI and ChatGPT efforts
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Microsoft Corp. is looking to capitalize on the AI buzz as it takes on Google in search, but there's still a line to be drawn between hype and reality.

Wall Street is abuzz over artificial intelligence these days, and Microsoft Corp. is looking to capitalize on the sentiment.

Read... Wall Street is abuzz over artificial intelligence these days, and Microsoft Corp. is looking to capitalize on the sentiment. “We give Microsoft credit for building such a close partnership with OpenAI and thereby creating monetization opportunities across its portfolio, but we conclude that even a hugely upgraded Bing has a mountain to climb to take search share from Google, which itself is launching a similar AI-powered search service,” UBS analyst Karl Keirstead said in a note to clients following the announcement.

think so, or we at least think that there’s a high risk in assuming that to be the case. We don’t think it’s a stretch that Apple, Amazon, Google, Meta and thousands of others have been investing in this area — for years — as have the myriad of companies that already embed AI as part of their applications.

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