Microsoft's AI-Focused Innovations: Boosting Bing and Azure Services for Next Computing Wave
Portfolio Pulse from Anusuya Lahiri
Microsoft's AI-focused innovations are boosting Bing and Azure services, with Azure OpenAI customers increasing by 80% and Bing becoming the default search engine on ChatGPT. Oppenheimer analyst Timothy Horan reiterates a $330 price target for Microsoft.
May 25, 2023 | 6:51 pm
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Microsoft's AI-focused innovations are expected to boost Bing and Azure services, with Azure OpenAI customers increasing by 80% and Bing becoming the default search engine on ChatGPT.
The article highlights Microsoft's AI-focused innovations, which are expected to boost Bing and Azure services. With Azure OpenAI customers increasing by 80% and Bing becoming the default search engine on ChatGPT, this shows strong growth potential for Microsoft. The Oppenheimer analyst's reiteration of a $330 price target for Microsoft also supports a positive short-term impact on the stock.
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