Microsoft Improves Status in Artificial Intelligence with GPT-4

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The release of the latest version of OpenAI’s artificial intelligence-powered chatbot will spur Microsoft‘S (msft) position as a leader in the AI ​​market, says a Wall Street analyst. Shares of Microsoft rose on Wednesday despite a bad day for the stock.


Privately Held OpenAI Released GPT-4 One year after version 3.5 on Tuesday. GPT is short for Generative Pre-Trained Translator. It uses artificial intelligence to generate human responses to questions and commands. This buzzy application also powers ChatGPT.

Microsoft is a major investor in OpenAI and is using GPT-4 to power its Bing search engine and other applications. GPT-4 runs on Microsoft’s Azure cloud computing infrastructure.

Oppenheimer analyst Timothy Horan reiterated his outperform rating on Microsoft stock following the GPT-4 news. He also kept his price target on Microsoft stock at 280.

Microsoft shares jump on AI news

Microsoft shares closed at 265.44, up 1.8% in the stock market today.

With GPT-4, the technology is moving from the research to the commercial phase, Horan said in a note to customers. He says this will drive demand for Azure and improve Microsoft’s position in AI.

However, Microsoft is still working with GPT-4 in Bing, Horan said. He said the responses are more accurate but much slower with the new AI engine.

Besides Microsoft, other companies using GPT-4 include Duolingo ,duol), strip and Morgan Stanley ,M / s,

Follow Patrick Seitz on Twitter @IBD_PSeitz For more stories on consumer technology, software and semiconductor stocks.

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