Customers can leverage generative models to accelerate software code development, discover new molecules, and build conversational chatbots tailored to enterprise data.
Additionally, generative AI has the potential to create synthetic data, which can be used in lieu of real data to enhance AI models while adhering to privacy and copyright laws.
Morgan Stanley’s Keith Weiss named Microsoft as the top pick among large-cap software companies, emphasizing the company’s favorable position to capitalize on the growth of AI. Generative AI, in particular, presents Microsoft with opportunities to automate a wider range of business processes through software.
The market’s enthusiasm for all things AI-related has played a significant role in driving stock prices up for technology companies involved in AI.
Microsoft’s backing of startup OpenAI, known for the viral success of its ChatGPT tool, has fueled much of the excitement. The company is now aiming to incorporate OpenAI technology into its entire suite of Office apps, including Excel, PowerPoint, Outlook, and Word.
