Tag: Satya Nadella

Microsoft CEO Satya Nadella caps a decade of tremendous growth via cloud computing and AI
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Microsoft CEO Satya Nadella caps a decade of tremendous growth via cloud computing and AI

[ad_1] Satya Nadella marks his tenth year as Microsoft CEO on Sunday, capping a decade of stunning growth as he pivoted the slow-moving software giant into a laser focus on cloud computing and artificial intelligence. Microsoft's stock has soared by more than 1,000% since Nadella took the helm in 2014, compared to the more gradual 185% growth of the broader S&P 500. Microsoft now has a market value of $3 trillion — more than any U.S. publicly traded company, including its longtime rival Apple."Nadella's had the biggest transformation of a tech company potentially ever," said Wedbush Securities analyst Daniel Ives. “The only one that would rival it was (Steve) Jobs coming back to Apple and turning it around with the iPhone.” Microsoft has created $2.8 trillion in shareholder wealth i...
Microsoft, Google Woo India Programmers to Win AI Leadership
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Microsoft, Google Woo India Programmers to Win AI Leadership

[ad_1] Top executives from Microsoft Corp. and Alphabet Inc. are touring India over the next week to court the country's millions of programmers and support the adoption of artificial intelligence services in a key market. Microsoft Chief Executive Officer Satya Nadella will address developers and technologists on “discovering new opportunities with AI” during a visit next week in Bangalore, the country's technology epicenter. He'll also speak to industry leaders in Mumbai about the opportunities and challenges with next-generation AI. Separately, Google's chief scientist Jeff Dean will speak on AI's next frontier with researchers, developers and startups in Bangalore and then participate in a fireside chat about India's role in enabling AI to drive massive societal impact.The dueling a...
5 things about AI you may have missed today: China clears 40 AI models, AI chip market, and more
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5 things about AI you may have missed today: China clears 40 AI models, AI chip market, and more

[ad_1] AI roundup: Satya Nadella will be visiting India as part of his annual visit on February 7, 2024. On his agenda would be to explore various AI opportunities and for that, he would be meeting leaders in Indian startups space. Chinese authorities have started the approval process for AI models and already approved 40 models. Know more about AI happenings here.Satya Nadella to meet AI startups in India in FebruaryPuneet Chandok, Microsoft India and South Asia's President revealed in an internal email about the visit of Microsoft CEO Satya Nadella to India with the ambition to explore the opportunities of AI in the country. The email said, “AI is playing a game-changing role in shaping ‘India's Techade' and will make India and South Asia one of the most exciting markets for technolog...
Satya Nadella-led Microsoft says Russia-linked group hacked employee emails
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Satya Nadella-led Microsoft says Russia-linked group hacked employee emails

[ad_1] Satya Nadella-led Microsoft Corp. said a Russian-linked hacking group attacked its corporate systems, getting into a “small number” of email accounts, including those of senior leadership and employees who work in cybersecurity and legal. The company said it's acting immediately to fix older systems, which will probably cause some disruption. The hacking group doesn't appear to have accessed customers' systems or Microsoft servers that run outward-facing products, the software giant said Friday in a blog post. Microsoft also has no evidence the group, named Midnight Blizzard, got into source code or artificial intelligence systems. “We will act immediately to apply our current security standards to Microsoft-owned legacy systems and internal business processes, even when these ch...
WEF 2024: Sam Altman and Satya Nadella highlight the future impact of AI
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WEF 2024: Sam Altman and Satya Nadella highlight the future impact of AI

[ad_1] The World Economic Forum (WEF 2024) at Davos has been going on with full force with various tech CEOs attending the event including OpenAI CEO Sam Altman and Microsoft CEO Satya Nadella. On Tuesday Altman discussed about the future of AI and said it was an energy guzzler and that its future would be secure only if we get an energy breakthrough. Additionally, Microsofit's Satya Nadella also talked about the impact of AI in science. Know what the two tech giants said about Artificial intelligence (AI).Sam Altman and Satya Nadella at DavosThe WEF 2024 commenced on January 15, 2024, and on the second day the most known faces of the tech industry, Sam Altman and Satya Nadella highlighted what the future of AI would look like. While we talk about AI, currently it's in its very initial ...
WEF 2024: What AI can do to science, will be most interesting: Microsoft CEO Satya Nadella
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WEF 2024: What AI can do to science, will be most interesting: Microsoft CEO Satya Nadella

[ad_1] Artificial Intelligence (AI) may have given new tools to science, but the most interesting thing to watch out for will be what it can do to accelerate science, Microsoft chief Satya Nadella said on Tuesday. He also dismissed concerns that AI cannot be governed or regulated. "There is nothing that cannot be controlled or governed by humankind for better use and this is one of the easiest and simplest technologies. What is needed is that it is governed properly and I'm sure it will happen," Nadella said. He also said that the last thing the world needs is technology creating a divide and "we need to be watchful of it". We are now on WhatsApp. Click here to join. Speaking at the World Economic Forum Annual Meeting (WEF) 2024, Microsoft's Chairman and CEO said Artificial Intelligen...
Satya Nadella in Davos: Microsoft CEO wants stability, good governance at OpenAI
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Satya Nadella in Davos: Microsoft CEO wants stability, good governance at OpenAI

[ad_1] At the end of 2023, OpenAI went through a whirlwind situation that saw CEO Sam Altman leave the company, agree to join Microsoft as head of an AI team, and then rejoin OpenAI as CEO, along with a new board. In the midst of all that, it was revealed that Microsoft CEO Satya Nadella had been mediating talks. It was suggested that investors of the company behind ChatGPT, namely, Microsoft, weren't happy with Altman's sacking, and wanted him back, a wish that was ultimately fulfilled. Now, Nadella has said that while he wants consistency and good governance at partner OpenAI, he's not worried about the company's nonprofit structure and doesn't want greater control over his partner.Microsoft-OpenAI relationship“What we just want is good stability,” he said in an interview at Bloomberg...
Microsoft CEO Satya Nadella says pace of AI innovation in 2023 was astounding, cites favorite use-cases
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Microsoft CEO Satya Nadella says pace of AI innovation in 2023 was astounding, cites favorite use-cases

[ad_1] Microsoft CEO Satya Nadella just dropped a short video on X (formerly Twitter) where he highlighted the achievements of the company in the artificial intelligence division. In the ‘Pace of AI innovation in 2023' video, he provided a few examples where organizations used AI tools by the company to make a positive impact on the world. Microsoft launched Copilot earlier this year, powered by OpenAI's GPT technology, and used it to build its own AI products for enterprises. In the span of just a few months, Microsoft has built several partnerships with businesses across the globe where companies are using its AI systems to build consumer-centric products, he revealed.In the video, Nadella said, “The pace of AI innovation in 2023 was astounding – but even more impressive was how peopl...
Microsoft’s Answer to OpenAI Inquiry: Doesn’t Own Stake; Link not same as Google and DeepMind
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Microsoft’s Answer to OpenAI Inquiry: Doesn’t Own Stake; Link not same as Google and DeepMind

[ad_1]  With global regulators examining Microsoft Corp.'s $13 billion investment in OpenAI, the software giant has a simple argument it hopes will resonate with antitrust officials: It doesn't own a traditional stake in the buzzy startup so can't be said to control it.When Microsoft negotiated an additional $10 billion investment in OpenAI in January, it opted for an unusual arrangement, people familiar with the matter said at the time. Rather than buy a chunk of the cutting-edge artificial intelligence lab, it cut a deal to receive almost half of OpenAI's financial returns until the investment is repaid up to a pre-determined cap, one of the people said. The unorthodox structure was concocted because OpenAI is a capped for-profit company housed inside a non-profit organization. It's n...
Here is what allowed OpenAI to sack Sam Altman
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Here is what allowed OpenAI to sack Sam Altman

[ad_1] Unlike Google, Facebook and other tech giants, the company behind ChatGPT was not created to be a business. It was set up as a nonprofit by founders who hoped that it wouldn't be beholden to commercial interests.But the arrangement got complicated. While OpenAI later transitioned to a for-profit model, its controlling shareholder remains the nonprofit OpenAI Inc. and its board of directors. This unique structure made it possible for four OpenAI board members — the company's chief scientist, two outside tech entrepreneurs and an academic — to oust CEO Sam Altman on Friday. The abrupt removal of one of the world's most sought-after AI experts led to an employee revolt that has put the entire organization's future in jeopardy and underscored the unusual arrangement that sets OpenAI ...