Microsoft could surge another $300B thanks to ChatGPT, Wedbush says

Microsoft's valuation could surge $300 billion with ChatGPT and AI set to transform its business, Wedbush says

shares' 2023 rally will continue thanks to the Redmond-based tech giant's efforts to integrate ChatGPT and artificial intelligence into its business model, according to Wedbush.

"Redmond is just starting to hit its next gear of growth with ChatGPT and AI also adding a new layer of growth to the Microsoft story over the coming years," he added. "We believe Nvidia's 'jaw-dropping guidance' heard around the world is a direct AI barometer for Redmond as our recent checks confirm the monetization opportunity for Microsoft is happening much sooner than the Street had anticipated in the field," he wrote.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

BusinessInsider /  🏆 729. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Is Generative AI Bad for the Environment?A computer scientist explains the carbon footprint of ChatGPT and its cousins.
Les mer »

A lawyer faces sanctions after he used ChatGPT to write a brief riddled with fake citationsAs reported by The New York Times, attorney Steven Schwartz of the law firm Levidow, Levidow and Oberman recently turned to OpenAI’s chatbot for assistance with writing a legal brief, with predictably disastrous results. Here's more.
Les mer »

Lawyer apologizes for fake court citations from ChatGPTChatGPT repeatedly claimed fake cases were real in its conversation with Steven Schwartz.
Les mer »

I'm worried about Nvidia bringing ChatGPT-style AI to games | Digital TrendsNvidia is bringing ChatGPT-style generative AI to video games with Nvidia ACE, and I'm equal parts excited and worried.
Les mer »

Nvidia's supercomputer may bring on a new era of ChatGPT | Digital TrendsNvidia has just announced the DGX GH200, an AI supercomputer equipped with previously unseen power. It might bring big advancements to generative AI.
Les mer »

Lawyer apologizes for fake court citations from ChatGPTChatGPT repeatedly claimed fake cases were real in its conversation with Steven Schwartz.
Les mer »