Microsoft Bets on AI as the ‘Next Wave’ Amid Slowing Growth
Despite heavy investment, it’s still unclear when artificial intelligence technologies will be incorporated into productivity software like Word, Excel and PowerPoint.
Microsoft Corp. is investing heavily in artificial intelligence, but don’t expect the magic of OpenAI’s ChatGPT to show up in its signature Word program quite yet.
The software giant on Monday announced a $10 billion investment in OpenAI, whose AI tool ChatGPT is trained on troves of data to generate human-like responses to prompts in seconds. Microsoft plans to integrate GPT, the language model that underlies ChatGPT, into its Teams and Office software, racing against rivals such as Alphabet Inc., Amazon.com Inc. and Meta Platforms Inc. to capture the burgeoning market for AI-powered products.