In an effort to solidify its position in the competitive AI landscape, Microsoft (NASDAQ:MSFT) has introduced new tools designed to integrate AI technology into Windows-based software. At a developer conference in Seattle, Microsoft CEO Satya Nadella emphasized the company’s focus on making it easier for developers to use AI through the introduction of new application programming interfaces (APIs).
The tech giant reports that 1.8 million developers are now using Github Copilot, Microsoft’s AI tool that helps computer programmers be more productive. Nadella, in his keynote speech at the Build conference, praised developers’ efforts to leverage these capabilities to “change the world around us.”
Microsoft has also updated its Copilot AI software with new features to enhance business productivity tools, including email and its Teams communication platform. This follows an announcement last week detailing new developer tools and comes after Google unveiled a similar AI tool for office applications.
Shares of Microsoft (NASDAQ: MSFT) surged, rising $1.2% to $430.67 on Tuesday afternoon and hitting an all-time high of $432.97 earlier in the day. The company’s stock is up $14% in 2024.
Further targeting developers, Microsoft announced last Thursday that it plans to offer cloud computing customers access to AMD’s (NASDAQ:AMD) AI chip platform. The move positions Microsoft as a competitor to Nvidia (NASDAQ:NVDA), whose GPUs are widely considered the leading solution for AI computing. The AMD chip platform developed by Microsoft will use Nvidia’s Infiniband networking technology to link processors.
Microsoft on Monday unveiled its Copilot+ line of personal computers equipped with AI features. These features include software that allows users to search for their past activities across different applications. The new PCs are powered by processors based on Qualcomm (NASDAQ: QCOM) Arm.
Source: Investing
