Earlier this year, Satya Nadella, the chief executive of Microsoft, made a surprising move by acquiring the Silicon Valley start-up Inflection AI. Despite Inflection AI’s lack of profitability and its CEO, Mustafa Suleyman’s questionable reputation, Microsoft paid over $650 million to license its technology and integrated its staff into the company.
Mr. Nadella’s venture into the world of artificial intelligence doesn’t end there. He has also invested $13 billion in OpenAI, another ambitious tech company with limited revenue. Additionally, he has instructed his team to incorporate A.I. technology into various Microsoft products, despite potential technical challenges.
Although the outcomes of these risky decisions remain uncertain, Mr. Nadella views the A.I. industry as a pivotal moment for Microsoft and the tech sector as a whole. With a vision to establish Microsoft as a leader in this emerging field, he is determined to capitalize on the opportunities presented by artificial intelligence.
Satya Nadella’s bold moves in the realm of A.I. have significantly boosted Microsoft’s market value by over 70% in the past two years.
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Grant Hindsley for The New York Times |