Artificial intelligence is revolutionizing how companies operate, and that could have major implications for Microsoft's cloud business, according to Bernstein.
Artificial intelligence is revolutionizing how companies operate, and that could have major implications for Microsoft 's cloud business, according to Bernstein. As Microsoft launches new offerings and more users adopt the cloud, Bernstein expects the company's cloud revenue to more than double. Currently, AI offerings touch about 42% of the company's revenue, Bernstein said.
How Microsoft can monetize AI Bernstein expects Microsoft to charge for AI where it adds "meaningful capabilities," forecasting that the company could implement a 66% price increase for Copilot capabilities. He called AI the "next leg of growth" able to generate double-digits and surpass investor time horizons. Looking ahead, Moerdler sees two potential ways for Microsoft to monetize AI.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why Microsoft’s Activision Blizzard Buy Hinges on Cloud GamingVIP+ Analysis: The biggest M&A deal in video game history has less to do with consoles and everything to do with unconquered territory.
Read more »
Question for your doctor? Artificial intelligence can help.Doctors at some of the country's top health care facilities says tools based on ChatGPT can help communicate with patients.
Read more »
Kamala Harris has an artificial intelligence problemThe jokes seemed to write themselves last week after the Biden administration announced Vice President Kamala Harris would now run point on artificial intelligence.
Read more »
This fast food restaurant is using AI to take ordersA restaurant in Arizona is using artificial intelligence to help take customer orders.
Read more »
This fast food restaurant is using AI to take ordersA restaurant in Arizona is using artificial intelligence to help take customer orders.
Read more »
Microsoft exec admits Xbox lost console war to Nintendo, Sony: 'Worst generation to lose'Microsoft's head of Xbox Phil Spencer admitted during a recent interview that that the company cannot out-console rivals Nitendo and Sony and will instead focus on users experience.
Read more »