Microsoft to launch a ChatGPT-powered Bing in Challenge to Google
<p>According to the report from The Information, <a href='https://financialmodelingprep.com/financial-summary/MSFT'>Microsoft Corporation (NASDAQ:MSFT) </a> is preparing to launch a "ChatGPT-powered Bing in Challenge to Google." This move is compelling to Microsoft for a myriad of reasons, but primarily because the substantial computational intensity makes it a demand funnel for Azure. </p>
<p>Analysts at Oppenheimer expect dozens of new services from OpenAI/ChatGPT to leverage Azure's robust infrastructure in a virtual cycle. These services will include true digital assistants, AI-based legal, accounting, financial services, and dozens more. This consumer AI will then be used in enterprise in equally surprising ways. </p>
<p>The company's stock is falling since Wednesday on concerns that cloud growth is in secular decline, a view with which the analysts at Oppenheimer disagree.</p>

NASDAQ:MSFT