January 24 (Reuters) – Microsoft Corp ( MSFT.O ) aimed to reassure investors on Tuesday that a big bet on artificial intelligence (AI) is paying off, even as economic turbulence prompts Microsoft customers to scrutinize cloud spending.
The first piece of evidence is the use of a little-discussed tool for programmers to write computer code called GitHub Copilot.
Opened to the public in June last year, the tool gathered 400,000 subscribers within a month. On Tuesday, Microsoft CEO Satya Nadella said that more than 1 million people have used Copilot to date.
Shares of Microsoft fell slightly in after-hours trading on Tuesday after it forecast cloud computing revenue for the current quarter that fell slightly short of Wall Street expectations.
However, growth in Copilot is an early indication that people will pay for technology that can create computer code with a team after learning skills from generative artificial intelligence, prose, images, or in this case, big data.
The CEO of Microsoft-owned GitHub said last year that Kopilot tells developers what to write next offer does, write 35% or 40% of the file’s code on startup. per year for individual subscribers, according to a GitHub blog post 10It costs $0 or can be paid through a corporate account.
Microsoft said this week it will launch a multibillion-dollar investment, including supercomputer development and cloud support, to power a startup it first backed in 2019, known as OpenAI, which is at the forefront of generative artificial intelligence.
Copilot itself relies on OpenAI technology, as does OpenAI’s chatbot sensation last year known as ChatGPT. Microsoft said it will make the code, as well as ChatGPT, which can produce essays or poems, available via the cloud.
ChatGPT has drawn enough attention from industry watchers to say it could respond to any user query if updated, potentially taking on Microsoft’s Bing search engine from industry leader Alphabet Inc’s ( GOOGL.O ) Googleallowed him to take Previously Reuters news gives that Google is working on its main AI presentation.
Reporting by Jeffrey Dustin in Palo Alto, Calif.; Edited by Leslie Adler
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Source – reuters